Author: PK

PK started DQYDJ in 2009 to research and discuss finance and investing and help answer financial questions. He's expanded DQYDJ to build visualizations, calculators, and interactive tools. PK lives in New Hampshire with his wife, kids, and dog.
The Dark Side of Education

Ever known someone who you really wondered how they got the job he or she had? You know the type, someone who is incredibly qualified on paper yet just couldn't seem to back up their pedigree on the spot. Someone who just made you wonder... how did this happen? As you have now guessed... this article is about academic integrity.

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The Beginning of the End of the Traditional Gender Gap

No matter how you add it up, women have been the victims of workplace discrimination, settling for mere fractions of men’s pay, for centuries. They’ve been told that their experience levels and educations were inferior, that their families needed them at home, and that there were no long-term opportunities for female career progress. But here, in the year 2010, women have disproven those so-called facts and shattered the glass ceiling.
From earning just 59% of what men earned 40 years ago, women have started to reverse the gender gap: some earn up to 120% of the average man’s wage. Sure, there are specifics to address and the majority to consider, but it’s still an incredible feat for the number of years that have passed. (a guest post by Maria Rainier)

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Carnivals and Links, Week of 11/15

Haven't done one of these in a long time, but we here at DQYDJ should probably get back into the swing of things on the carnival front!

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On Quantitative Easing and Expected Inflation

It's been a while since we've checked in on inflation expectations in the market for treasury bonds ant T-Bills. However, with recent expansionary programs everywhere like, such as the program lovingly named Quantitative Easing 2.0. Let's look at inflation expectations before, during rumors, and after the announcement (today...) buffered around the reports of US Fed Quantitative Easing.

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What Will Save You More Money At Work? Bringing Lunch or Buying It?

It's often mentioned that bringing lunch to work is one way to economize on our normal routines. Simply making a great amount of your food at home, especially when it comes to how you eat during the work day, is worth some huge amount of money annually which if only a person could find the motivation they would be marginally rich. Is that the truth? Probably not, but we here at DQYDJ want to tackle this conundrum for you anyway. Let's assume you're in and out of the workplace in a whopping 40 years and play with some numbers!

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Post Mid-Term Breakdown

What did we learn? What surprised us? Well, the Republican wave was a real phenomenon, as we saw yesterday. CNN is projecting at this hour Republicans having 243 seats in the House of Representatives, vs. 192 Democratic seats (64 flips from Republican to Democratic). The Senate is too close to call in Alaska, Colorado, and Washington. Alaska's Senator will caucus Republican whether Joe Miller or Lisa Murkowski wins. Assuming the Democratic Senate candidate in Washington or Colorado wins, Democrats will hold 52 seats in the Senate.

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November 2 Midterm Election Predictions

We figured we'd weigh in before the elections, just to get some of the estimates from various spots on paper as to what happens in the upcoming elections. The Senate is currently composed of 57 Democratic Party, 2 Independents caucusing with the Democratic Party, and 41 Republican Party Members. The House of Representatives is composed of 255 members of the Democratic Party, and 178 Republican Party Members. Republicans need to gain 10 seats to control the Senate, and the Vice President breaks ties in the chamber. Republicans need to gain 39 seats to control the House of Representatives.

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What Constitutes 'Rich'?

The number to keep your eye on, obviously is a $200,000 annual salary if you're single and a $250,000 combined salary if you're married. These, as you likely know, are the lines in the sand drawn by the current administration to determine who is 'rich' and who isn't. Does the electorate agree? For the most part. A Marist poll showed that 55% of Americans believe that a household income over $250,000 means you are wealthy, while 45% disagreed.

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Strategic Default and Morality: Is it Okay to Not Pay a Mortgage?

Is it okay to welch on a financial commitment? Yes, I know that 'welch' is a gambling term - and we're about to talk about mortgages. If an unproportional amount of recent mortgages were actually bets that house prices would continue to increase, maybe 'welch' is the right term after all? Anyway, Pew recently polled people to ask their opinion on the practice of 'walking away' from mortgages.

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An Attainable, 'Perfect' Salary or Income?

Close your eyes or do whatever it is you do when you meditate... ponder the following question, "At what salary would you be content?" Okay, end the meditation. Were you thinking $75,000 annually? That's the number that an analysis of 2008-2009 Gallup poll data by the economists Angus Deaton and Daniel Kahneman came up with. So, what does that mean?

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Don't Quit Your Day Job...

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