3 ms·
I wondered about this too. Just for fun, I plotted the household income distribution on the same chart: http://dl.dropbox.com/u/667/income-distribution.jpg http
by zamfi 16y ago
I wondered about this too. Just for fun, I plotted the household income distribution on the same chart: http://dl.dropbox.com/u/667/income-distribution.jpg http://dl.dropbox.com/u/667/income-distribution.jpg
Income distribution looks quite different from wealth distribution, and is more equal than the estimates in the original article.
[ Household income data from here: http://www.econlib.org/library/Enc/DistributionofIncome.html http://www.econlib.org/library/Enc/DistributionofIncome.html]
- anthonyb 16y agoWhat does it look like once you subtract cost of living expenses though, or even just minimum wage? That'd give you an idea of the discretionary spending of each quintile; more informative than just a raw value. I suspect that discretionary spending would follow much the same pattern as wealth.