Remember that US workers get much of their pay in non cash health care insurance. In France they get the cash, then it is taxed away. Can’t compare the two. Apples to oranges.
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That changes the picture very little.
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I’ve seen estimates that up to a quarter of US ‘compensation’ is non-cash. I don’t see how that is immaterial.
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CBO inequality data includes comp and so does the World Inequality Database, which also has France. So can do this apples to apples if you want, promise the trends will be basically the same. https://wid.world/
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So you are saying that an American making $45k but gets free health insurance for her family worth $10k a year...that doesn’t move the needle. That it’s worked into the numbers you cite.
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If you're gonna add that in you should also add in the value of the French healthcare system, then.
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Yeah, the
#s should be post tax, counting non cash comp, adjusted by region for cost of living. Getting apples to apples numbers is very rare.
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Dumb question. If employees were getting more in the form of stock options or profit sharing, does that show up as labor income?
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Yes it shows up as labor income.
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Thank you.
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And that is before any redistribution I guess?
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This is a decomposition of how much the gap between productivity and median hourly compensation is due to changes in labor's share and changes in compensation inequality. By time period. Yes, except for 2000's, primarily a compensation inequality issuehttp://go.epi.org/Cco
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see table 1.
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I think the best way to compress labor income is to combine a job guarantee and expanded state sector with a $15 minimum wage, with an maximum wage/income cap such as proposed by Sam Pizzigati at
@inequalityorgধন্যবাদ। আপনার সময়রেখাকে আরো ভালো করে তুলতে টুইটার এটিকে ব্যবহার করবে। পূর্বাবস্থায়পূর্বাবস্থায়
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The topic of Chapter Nine of
@PikettyLeMonde’s great book.ধন্যবাদ। আপনার সময়রেখাকে আরো ভালো করে তুলতে টুইটার এটিকে ব্যবহার করবে। পূর্বাবস্থায়পূর্বাবস্থায়
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How much does distribution of capital ownership matter?
ধন্যবাদ। আপনার সময়রেখাকে আরো ভালো করে তুলতে টুইটার এটিকে ব্যবহার করবে। পূর্বাবস্থায়পূর্বাবস্থায়
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Prof.
@jasonfurman maybe a dumb question but especially for the second graph...the historical GDP growth rate doesn't impact materially the paths of bottom 90% for US and France respectively? France has rather lagged growth vs US for decades no? -
2)an economy growing less than another normally is due to some structural issue it's facing vs the other.Especially in the case of France my query is of cause-effect nature:Could this over-distribution in FR be the cause of less growth & this in turn of less "pie" to distribute?
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Always talking "marginally"
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লোড হতে বেশ কিছুক্ষণ সময় নিচ্ছে।
টুইটার তার ক্ষমতার বাইরে চলে গেছে বা কোনো সাময়িক সমস্যার সম্মুখীন হয়েছে আবার চেষ্টা করুন বা আরও তথ্যের জন্য টুইটারের স্থিতি দেখুন।