The Park Place Economist


With this project, the intent is to take a detailed look at how the level of earnings volatility varies between groups. In order to do this, statistical comparison tests will be performed on earnings data. The initial hypothesis is that earnings volatility will be positively correlated to earnings level due to higher earners having more to gain or lose at a given time. The results from the analysis, however, will indicate otherwise. The overall findings of this paper will show varying levels of earnings volatility for different groups, findings I hope will be expanded on in the future.