Daily Archives: April 22, 2017

Is Kidnapper a Viable Career Choice?

Visualize This

Prices are up and wages are down… It’s hard to make a living nowadays!

Ever wonder about kidnappers’ livelihood?


Well I have–and the good folks at the University of Maryland have compiled a Global Terrorism Database to let us find out.

As it turns out, they’re doing much worse than the rest of us. The median ransom paid now is about the same as it was in the 70s! Adjusting for inflation means their ransom incomes have plummeted. Tragic? You decide.

ransominf The blue line tracks the “raw” ransoms and the orange line is adjusted for inflation.

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The changing nature and scale of the gender gap

Developments in recent decades greatly increased the options for women to combine careers and family. The unadjusted gender wage gap is narrow while the gender education gap has reversed. The progress with closing the gender gaps in employment and education in recent decades makes the crafting of further gender-based policy interventions more challenging.

The remaining gender gaps reflect much more thorny issues such as work-life balance rather than mid and late 20th century concerns such as large gender differences in education participation and attainment, sex discrimination and full-time motherhood raising much larger families.

gender wage gap and birth of first child

Parental leave, early childhood education and child care subsidies have increased in New Zealand in recent years. Early childhood education spending is high in New Zealand by international standards but spending on child care subsidies is less generous (OECD 2012).

The main drivers of greater female labour force participation and greater investment in long-duration professional educations were access to reliable contraception, the rise of service sector and other jobs that depend on brains instead of brawn, the automation of housework with white goods, and rising incomes increasing the opportunity cost of having a large number of children.

This is a first in a series of blogs on occupational segregation and gender.