12 Jun 2015
by Jim Rose
in discrimination, economics of crime, economics of education, human capital, labour economics, labour supply, law and economics, occupational choice, politics - USA
Tags: compensating differentials, crime and punishment, criminal deterrence, law and order, racial discrimination, racism
Male African American high school dropouts facing a nearly 70% cumulative risk of imprisonment by their early 30s. However, the increase in incarceration rates among high school graduates appeared to be much the same for both blacks and whites.
This hints that racism is not as good explanatory of high rates of African-American male incarceration. Police do not know whether the people they arrest have high school diplomas or not but most of the people they arrest are high school dropouts. This suggests that the opportunity cost and rewards of crime over lawful occupational pursuits is a driver of the supply of crime.
11 Jun 2015
by Jim Rose
in discrimination, gender, human capital, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA
Tags: Australia, British economy, Canada, gender wage gap, Ireland
Figure 1: % gender gap in median earnings of full-time employees, 2012
Source: OECD family database
11 Jun 2015
by Jim Rose
in discrimination, entrepreneurship, gender, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA
Tags: entrepreneurial alertness, maternity leave, paternity leave, Richard Branson
07 Jun 2015
by Jim Rose
in discrimination, gender, human capital, labour economics, labour supply, occupational choice
Tags: compensating differences, gender wage gap
In the late 1960s and early 1970s, slightly more than half of all mothers were in the labour force. These women worked, on average, 24 hours per week for a little more than $10 per hour.
Today, 85 percent of all daughters are employed, and they work 10 additional hours per week and earn $9 more per hour.
via Women’s Work: The Economic Mobility of Women Across a Generation.
06 Jun 2015
by Jim Rose
in discrimination, gender, human capital, labour economics, labour supply, unions
Tags: gender wage gap, middle class stagnation, reversing gender gap, superstar wages, superstars, top 1%, wage stagnation
27 May 2015
by Jim Rose
in discrimination, economics of regulation, gender, labour economics, occupational choice
Tags: gender wage gap, maternity leave, offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
The best part of the article is its frank admission about how bare the cupboard is in dealing with the impact of generous maternity leave on the gender gap. Maternity leave should not be too generous, should not be paid by employers but by taxpayers, and should extend to both men and women.
via When Family-Friendly Policies Backfire – NYTimes.com.
25 May 2015
by Jim Rose
in discrimination, economics of love and marriage, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality, welfare reform
Tags: assortative mating, child poverty, economics of family, family poverty, marriage and divorce, single parents, social mobility, welfare reform
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