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| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
What is the meaning of ‘income inequality’? (Here, be sure to discuss what you mean by 'income'; that is, how does 'income' differ from ‘compensation’, ‘earnings’, or ‘wages’?) How unequal is the distribution of income in the United States? What are the major labor market factors contributing to income inequality? How clearly does “quintile analysis” (arranging all households – or families, depending on the data source – by income into 5 ‘quintiles’, each containing an equal number of households but an unequal amount of income) describe the actual levels of inequality in compensation (and indeed well-being) among individuals in society?
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