As the following diagram indicates, the distribution of ?ability? (here measured by IQ scores) is normal or
Question:
As the following diagram indicates, the distribution of ?ability? (here measured by IQ scores) is normal or bell-shaped, but the distribution of earnings is skewed to the right. Can you use human capital theory to reconcile these two distributions?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Contemporary Labor Economics
ISBN: 978-1259290602
11th Edition
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
Question Posted: