Actually, I was thinking about general inequality measures, as when we compare what the top 20% of workers make versus the bottom 20%. I am curious if the measures by folks noting increasing inequality are undermeasuring the true problem.
-- Nathan Newman
> -----Original Message-----
> From: owner-lbo-talk at lists.panix.com
> [mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Doug Henwood
> Sent: Monday, March 06, 2000 5:53 PM
> To: lbo-talk at lists.panix.com
> Subject: RE: union salaries revisited
>
>
> Nathan Newman wrote:
>
> >Which highlights the fact that salary differentials are
> understating general
> >inequality, since stock options are a major source of income for
> upper-end
> >workers. Anyone out there calculating wage differentials incorporating
> >stock options?
>
> Which measures you talking about? Census Bureau measures, or the
> stuff in the biz mags or on the AFL-CIO's Paywatch? For Census stats,
> there are too few bigmoney CEOs to make much of a macro difference;
> for the bizmags/Paywatch, they include options (though how to value
> them is controversial).
>
> Doug
>