Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

You Are Here: Home » Government Documents » Report – CEO Pay and the Top 1%

Report – CEO Pay and the Top 1%

by on

CEO PAY AND THE TOP 1% – How executive compensation and financial-sector pay have fueled income inequality, By Lawrence Mishel and Natalie Sabadish – Economic Policy Institute | May 2, 2012

  • “The large increase in wage inequality is one of the main drivers of the large upward distribution of household income to the top 1 percent, the others being the rising inequality of capital income and the growing share of income going to capital rather than wages and compensation (Mishel and Bivens 2011). The result of these three trends was a more than doubling of the share of total income in the United States received by the top 1 percent between 1979 and 2007 and a large increase in the income gap between those at the top and the vast majority. In 2007, average annual incomes of the top 1 percent of households were 42 times greater than in­comes of the bottom 90 percent (up from 14 times greater in 1979), and incomes of the top 0.1 percent were 220 times greater (up from 47 times greater in 1979).”
  • Related postings on the financial system
    • LinkedIn

    Sorry, comments are closed for this post.