HTHSCI 2RR3 Lecture Notes - Lecture 3: Iqvia, Canadian Studies, Social Capital
3 Mar 2017
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Document Summary
Health sci 2rr3 - chapter 3: income & wealth. When economic growth doesn"t trickle down: the wage dimensions of income polarization. Income inequality ( growing gap ), eroding middle class & increasing rich & poor. Growing incomes: data refers to a single measure of incomes, the mean or average for entire pop. Higher #s in incomes are inflating the average & not representing ppl on lower end of incomes. Median incomes: the actual incomes of the middle-income earned in the population. Doesn"t provide any evidence of the incomes for anyone else. Quintiles: changes in incomes are spread evenly across different slices of the population, 20% segments. Income is unequally borne by different sections of the population. Loss for middle income canadian families is most dramatic of the quintiles. Deciles & ratios: ratio of top & bottom 10% of earners. Periodic measures of inequality: measuring the performance of each decile over time & comparing the performance of different income groups.
