Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Oct 2015 1 Comment
in discrimination, economics of education, gender, human capital, labour economics, occupational choice, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, Canada, College premium, education premium, gender wage gap, Ireland, New Zealand, reversing gender gap
There are large differences in the education premium between English speaking countries and also by gender. The tertiary premium in New Zealand is pretty poor compared to the USA, UK or Ireland and is still mediocre when compared to Australia and Canada.
Source: Education at a Glance 2014.
15 Oct 2015 4 Comments
in discrimination, economic history, gender, human capital, labour economics, politics - Australia, politics - New Zealand, politics - USA Tags: asymmetric marriage premium, compensating differentials, gender wage gap, marriage and divorce
It seems that the top 10% of men are so busy oppressing the top 10% of women that they forgot to keep up the violence inherent in the capitalist system against the bottom 10% of women. The gender pay gap at the bottom of the economic strata closed quite dramatically and consistently since 1970 or as far back as data was available in Australia, New Zealand, the UK and USA. Much of the closing of the gender pay gap for the low-paid was under the scourge of Reagan, Thatcher, Hawke and Keating and Rogernomics.
Source and Notes: OECD Employment Database. The gender gap plotted below is unadjusted. It is calculated as the difference between the 10th percentile earnings of men and the 10th percentile earnings of women relative to the 10th percentile earnings of men. Estimates of earnings used in the calculations refer to gross earnings of full-time wage and salary workers. However, this definition may slightly vary from one country to another.
By comparison to this dramatic liberation of women from the gender pay gap at the bottom, the gender pay gap for full-time employees has not really tapered down that much at the top of the income distribution and has been pretty flat for coming on 20 years. It seems the class war is over and has been won by women at the bottom but not at the top?
Younger, more educated women delay having families and can earn as much as their partners. bit.ly/1jw98Ky http://t.co/BaDIlBIBA2—
Ninja Economics (@NinjaEconomics) October 14, 2015
Rather than up the workers, the battle cry of the Posh Trots is up the managers, liberate them from insidious pay inequities imposed upon them by a vast sexist conspiracy of male managers.
Source and Notes: OECD Employment Database. The gender gap plotted below is unadjusted. It is calculated as the difference between the 10th percentile earnings of men and the 10th percentile earnings of women relative to the 10th percentile earnings of men. Estimates of earnings used in the calculations refer to gross earnings of full-time wage and salary workers. However, this definition may slightly vary from one country to another.
This failure to close the gender pay gap at the top requires more investigation. The available of reliable contraceptives in the late 1960s led to an explosion of investment by women in long duration professional education and in careers where absences because of motherhood in their 20s and 30s was penalised in terms of human capital depreciation and promotional opportunities.
The reason for the endurance of the gender pay gap at the top of the income distribution is compensating differentials. Women at the top were able to have it all.
Professional women could invest in a career and a family and mix-and-match according to their own preferences for career and family and timing of births rather than the preferences of others who looked upon them as some sort of pathfinder for their gender. It is at the top of the income distribution where short absences from the workplace can has very large consequences for wages and promotion.
13 Oct 2015 Leave a comment
in economic history, gender, labour supply
A lot more British women work part-time than in the USA or Canada. Is that good or bad?
Data extracted on 13 Oct 2015 01:59 UTC (GMT) from OECD.Stat
09 Oct 2015 Leave a comment
in applied price theory, economics of education, gender, labour economics Tags: economics of personality traits, gender gap, video games
06 Oct 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics
With 40 to 50% of women, and many more in Canada, now going on to tertiary education, claims such as recently by the OECD and IMF that there is problems of access to education as a driver of inequality seem even more doubtful.
Source: DOING BETTER FOR FAMILIES – OECD 2011, Figure Box 1.3.
Not only do women have to overcome the financing constraint on going onto higher education that so troubles the IMF and the OECD, women of today and yesterday must overcome the dead hand of patriarchy. They have the both the top 1% and all men scheming against them, apparently. Despite this double secret double conspiracy against them, the number of women going on to some form of tertiary education has increased rapidly within a generation from an already high base.
06 Oct 2015 Leave a comment
in economics of education, economics of love and marriage, gender, health and safety, labour economics Tags: assortative mating, asymmetric marriage premium, College premium, dating market, marriage market, power couples, reversing gender gap, search and matching
Why dating in America for college-educated women is completely unfair wapo.st/1L1lULW http://t.co/hTCYCR5GCm—
Know More (@knowmorewp) September 09, 2015
04 Oct 2015 Leave a comment
in economic history, economics of crime, gender, politics - USA
The crack cocaine epidemic in the USA in the late 1980s also appeared to lead to a spike in murders of young Black and Latina women.
Source: Centres for Disease Control and Prevention.
No data was available on Asian female homicides aged 15 to 24. There is no data on Latino homicide rates prior to 1985.
01 Oct 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, occupational choice, politics - USA Tags: College premium, graduate premium, reversing gender gap
6 years of women earning most PhDs, outnumbering men in grad school 136 to100 @Mark_J_Perry khttp://goo.gl/4uoYLV http://t.co/1hYfbDpdST—
AEIdeas Blog (@AEIdeas) September 17, 2015
27 Sep 2015 Leave a comment
in economics of education, gender, human capital
26 Sep 2015 Leave a comment
in economic history, gender, human capital, labour economics, labour supply, politics - New Zealand Tags: female labour force participation, graduate premium, male labour force participation, postgraduate premium, reversing gender gap
There was rapid growth in the human capital of graduates and postgraduates in New Zealand between 1981 and 2001 according to the census data. The growth in female human capital was particularly rapid and especially so at the postgraduate level.
Source: Lˆe Thi. Vˆan Tr`ınh, Estimating the monetary value of the stock of human capital for New Zealand, thesis submitted in partial fulfilment of the requirements for the Degree of Doctor of Philosophy at the University of Canterbury (September 2006).
Source: Lˆe Thi. Vˆan Tr`ınh, Estimating the monetary value of the stock of human capital for New Zealand, thesis submitted in partial fulfilment of the requirements for the Degree of Doctor of Philosophy at the University of Canterbury (September 2006).
19 Sep 2015 1 Comment
in discrimination, econometerics, economic history, gender, human capital, labour economics, labour supply, poverty and inequality Tags: female labour force participation, gender wage gap, male labour force participation, middle class stagnation, middle-class stand nation, wage stagnation
Few labour markets statistics make much sense unless broken down by gender.
Women working full-time, year-round jobs earned 78.6% of what similar men did in 2014 on.wsj.com/1KlsIC8 http://t.co/amouJSkPMr—
Real Time Economics (@WSJecon) September 19, 2015
Wages growth is no exception with female wages growth quite good for a long period of time after the 1970s – a period in which male earnings stagnated.
The beginning of male wage stagnation seemed to coincide with the closing of the gender wage gap.
U.S. wage growth doesn't look as weak when you account for benefit costs covered by employers on.wsj.com/1JJ2EmV http://t.co/s0tJutTjBy—
Nick Timiraos (@NickTimiraos) July 06, 2015
Presumably if men were previously profiting from patriarchy, that should have some implications for future wage growth and promotions for men as women catch up.
Presumably if men were previously profiting from patriarchy, that should have some implications for future wage growth for men as women catch up. Men lost the wage premium they previously earned from the sex discrimination directly in hiring, wage setting and promotions and investing in more education because they expected to be discriminated favourably at the expense of women.
Not surprisingly the convergence in the male-female wage ratios started in the 1970s which was the decade that male wage stagnation started.
The gender wage gap started converging again also pretty much in lockstep with the top 1% starting to grab higher and higher proportions of income.
Source: Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.
19 Sep 2015 Leave a comment
in discrimination, economic history, gender, health economics, labour economics Tags: female life expectancy, gender gap, life expectancies, male life expectancy, reversing gender gap
https://twitter.com/ONS/status/641642361664237569/photo/1
Explore the changing gap between male & female life expectancy over time ow.ly/RXWfC http://t.co/OjZuSlcmOI—
(@ONS) September 09, 2015
15 Sep 2015 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice Tags: gender gap, gender wage gap, Hollywood economics
https://twitter.com/paul1kirby/status/642813666249822208/photo/1
Hollywood movies write women out of the script & create a make-believe world where men do all jobs.Ace chart http://t.co/0eM17kRJKW—
paulkirby (@paul1kirby) September 10, 2015
12 Sep 2015 Leave a comment
in constitutional political economy, discrimination, economics of education, gender, labour economics, labour supply, liberalism, occupational choice, Public Choice, rentseeking Tags: economics of fertility, economics of the family, engines of liberation, female labour force participation, feminism, women's liberation
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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