Growth is (really) good for the (really) rich

This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which collects top income data from several countries using tax returns as the raw source. We define the “rich” as earners in the top 10 percent, 1 percent, 0.1 percent, and 0.01 percent of the income distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the distribution grows in the same proportion as that of the whole population. However, we also find that the income of earners in the top percentile of the distribution and above grows in an even larger proportion than average income: that is, economic growth is really good for the really rich. We also find that during economic downturns, the average income of top earners responds proportionally less to changes in mean income than during economic expansions. Our results are robust to different sample specifications

An analysis and case development of the Army Development and Employment Agency

The purpose of this thesis is to analyze the Army Development and Employment Agency (ADEA) and develop an indepth case study based on it. The case study contains situations and issues which, when used by the Organizational Effectiveness School, would require students to make an integrated application of the curriculum's key concepts in Management, Systems, and Behavioral Science. It would also require the student to make application of the knowledge he or she gets from the curriculum components of Probability and Statistics, Computer Literacy and How The Army Runs. The aim of these conjoint cases is to allow the students to develop solutions for a single organization's problems utilizing all of the curriculum's content.http://archive.org/details/analysiscasedeve00biveCaptain, United States ArmyApproved for public release; distribution is unlimited