An Inteseting Statistical Series

Enrique Diaz-Alvarez enrique at anise.ee.cornell.edu
Fri Jan 22 11:14:45 PST 1999


Paul Henry Rosenberg wrote:


>
> Average 40-hour weekly wages* divided by the year-end Dow Jones Average.
>
> * dervide from average hourly wage (U.S. Bureau of Labor Statistics,
> Series ID: eeu00500049) multiplied by 40, not average actual work-weeks.
>
> A good statistical series to build some kind of political movement
> around, perhaps?
>

It seems like wages are inflation-adjusted, but the Dow is not. It would be interesting to rerun the numbers, and I suspect you will get a _much_ more impressive series if you start in 1974 (bottom of bear market, wages peak).

-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique



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