The Average is Over generation?
The result is that even though today’s young adults, and graduates in particular, are over-represented in the top quartile of the earnings distribution, they are also far more likely to be at the bottom than the top for earnings relative to reasonable expectations. In both the UK and US, even though only 10 percent of […] The post The Average is Over generation? appeared first on Marginal REVOLUTION. Comments“Reasonable” is doing a lot of work here. by SethLots of head wind for young adults, ...