What’s behind rising income inequality: the pay difference between janitors and CEOs, or the gap between how well different employers pay each position? Income inequality in the U.S. has historically more about the former. But a new NBER paper argues that the increase in inequality in recent years is actually driven largely by the latter.
The Salary Gap Between Stingy and Generous Companies Is Growing
And it’s a big factor in rising inequality.
September 22, 2014