Aug1st2006

A Factor In Income Inequality

Greg Mankiw quotes an NBER study that finds:

In 1983, the most poorly paid 20 percent of workers were more likely to put in long work hours than the top paid 20 percent. By 2002, the best-paid 20 percent were twice as likely to work long hours as the bottom 20 percent.

One of the many causes of the recent rise in income inequality.

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