In the United States, the capital stock is valued at $4 trillion, with the top 0.01% owning an average of just $4,600 per year.
But the average wage in the U.S. is $8.63 an hour.
According to a study published this week in the Journal of Economic Perspectives, the value is only $1,846 for the bottom half of workers.
The study is the first to look at the value, per worker, of the top 10% of American workers.
The researchers used data from the UBS/World Bank Capital Market Database, which includes data on compensation and compensation packages of employees, to estimate the value per worker for the capital markets.
The top 1%.
According to the study, the top earners in the United State earn $17,000 more per year than the bottom 90%.
The top 1.9% earn $40,000 less per year, while the bottom 99% earn only $10,000.
The researchers also found that in the top 20% of earners, the average pay is $30,800, while for the middle quintile, the earnings are $21,000 lower.
But it’s not all bad news for workers.
As the authors noted, the bottom 95% of employees make $8,700 less per month than the top 5%.
The bottom 10% earn on average $25,700 more than the average worker.
“The capital markets have been slow to adjust to a new reality, and the top 3% of Americans now make far more than they did 30 years ago,” said the authors, from the University of Michigan.
“The capital market, in particular, is becoming less responsive to the changing economy.”
What makes it more challenging is that most of the people who make the most money are also the most likely to be among the least productive workers.
In fact, the researchers found that the bottom quintile has an average salary of $10.00 an hour, which is almost 10% below the $14.10 average wage for workers in the highest quintile.
The bottom 90% of U.M. workers earn about $1.50 an hour less than their peers in the bottom 20%, the study found.
In the middle and top quintiles, the gap between what the top one percent earn and the bottom 50% earns is about $4.00 less per week than the gap among workers in those quintiles.
The report also noted that the value to all workers is low.
The study found that for the average U.K. worker, the median annual pay was $27,000, but for workers from the bottom 25% of the income distribution, the figure was only $12,500.
What can be done to address the gap?
The researchers suggested that the government and the federal government could help lower the gap.
The authors also called for a national minimum wage of $15 an hour for workers making less than $23,000 per year or $12.50 for workers earning more than $80,000 a year.