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Thread: European countries by monthly average wage

  1. #81
    Veteran Member RussiaPrussia's Avatar
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    Quote Originally Posted by Hayalet View Post
    Actually, you can't tell anything about income distribution from this map.
    yes average wage is average income destribution

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    Quote Originally Posted by RussiaPrussia View Post
    yes average wage is average income destribution
    No, it isn't. Income distribution is measured by a whole different set of formulas.

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    Veteran Member RussiaPrussia's Avatar
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    Quote Originally Posted by Hayalet View Post
    No, it isn't. Income distribution is measured by a whole different set of formulas.
    the only thing which is missing are shares and assets but your monthly income is pretty much what people care about in the first place

  4. #84
    Veteran Member RussiaPrussia's Avatar
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    Quote Originally Posted by Hayalet View Post
    No, it isn't. Income distribution is measured by a whole different set of formulas.
    the only thing which is missing are shares and assets but your monthly income is much what people care about in the first place if they look income distribution

  5. #85
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    Quote Originally Posted by RussiaPrussia View Post
    the only thing which is missing are shares and assets
    Let's say;

    In country A, 1000 people earn $1000 per month.
    In country B, one person earns $999,001 and 999 people earn $1 per month.

    In both countries the average wage will be $1000.

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