What people miss about the gender wage gap
22 Sep 2016 Leave a comment
in applied price theory, discrimination, gender, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap
How to show that unions & income inequality are unrelated when attempting to show a link
22 Sep 2016 Leave a comment
in human capital, labour economics, labour supply, politics - USA, unions Tags: superstar wages, superstars, top 1%
Fight for $15 tried to show a link between unions and rising income inequality but all it managed to show that unions went into decline several decades before inequality started to rise.
Ethnic differences in household incomes in the USA
16 Sep 2016 Leave a comment
in discrimination, human capital, labour economics, labour supply, politics - USA Tags: racial discrimination, racial wage gaps
Gender gap in PISA scores across the OECD, 2012
29 Aug 2016 Leave a comment
in economics of education, gender, human capital, labour economics Tags: gender gaps, reversing gender gap
Source: OECD Programme for International Student Assessment (PISA) 2012.
The gender commuting gap between mothers and fathers
28 Aug 2016 Leave a comment
in discrimination, economics of love and marriage, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality, transport economics Tags: asymmetric marriage premium, commuting times, compensating differentials, female labour force participation, gender gap, gender wage gap
The first three bars in each cluster of bars are for men. in almost all countries mothers with dependent children spend less time commuting than childless women. This might suggest that working mothers have found workplaces closer to home than women without children. The gender gap in commuting where it is present in the country is larger than the gap between mothers and other women in their commuting time.
Source: OECD Family Database – OECD, Table LMF2.6.A.
The Black Gender College Degree Gap is Huge and Growing
25 Aug 2016 Leave a comment
in discrimination, economics of education, human capital
An adult start of a criminal career is uncommon
18 Aug 2016 Leave a comment
in economics of crime, human capital, labour economics, law and economics, occupational choice Tags: crime and punishment, criminal deterrence, law and order
College and post-graduate wage premium in the English speaking countries, France, S. Korea, Finland, Denmark, Norway and Sweden
31 Jul 2016 Leave a comment
in economics of education, human capital, labour economics, occupational choice Tags: Australia, British economy, Canada, College premium, Denmark, education premium, Finland, France, graduate premium, Ireland, Korea, Norway, post-graduate premium, Sweden
Source: Education at a Glance 2015, section 6.
Tertiary educational attainment, 2000 and 2014, USA, UK, France, Germany, Canada, Australia
24 Jul 2016 Leave a comment
in economic history, economics of education, human capital, labour economics Tags: Australia, Canada, France, Germany, Italy, tertiary educational attainment.
The British, Australians, and Italians experienced strong growth in tertiary attainment since the year 2000. In the case of the Italians, it was from a low base. There is still a big difference in tertiary attainment between English-speaking and other countries.
Source: OECD Factbook 2015-2016.
% Australian top incomes from wages, salaries and pensions since 1954
19 Jul 2016 Leave a comment
in economic history, human capital, industrial organisation, labour economics, occupational choice, politics - Australia, poverty and inequality Tags: Australia, CEO pay, superstar wages, superstars, top 1%, top incomes
Australia has had a working rich for a long time now. Australian top income earners are top wage earners. They are athletes, celebrities, business executives and in the professions.
Source: The World Wealth and Income Database.
% US top incomes from wages, salaries and pensions, 1913 – 2015,
18 Jul 2016 Leave a comment
in applied welfare economics, economic history, human capital, industrial organisation, labour economics, occupational choice, politics - USA, poverty and inequality, survivor principle Tags: CEO pay, entrepreneurial alertness, superstar wages, superstars, top 1%, top incomes
The rich in the USA long ago became a working rich; most top incomes are from wages and salaries.
Source: The World Wealth and Income Database.
NZ top income earners as lazy as ever @MaxRashbrooke @CloserTogether
17 Jul 2016 Leave a comment
in economic history, human capital, labour economics, occupational choice, politics - New Zealand, poverty and inequality Tags: Leftover Left, pessimism bias, top 1%, top incomes, Twitter left
Max Rashbrooke was good enough to remind us that the 2013 update of New Zealand top income shares came online a few days ago.
As is well known to everyone except those obsessed with top income shares, New Zealand top income shares have not changed much since the late 1980s. They are now no higher than in the good old days when New Zealand was an egalitarian paradise in their eyes.
Source: The World Wealth and Income Database.
Did Gary Becker invent the term human capital?
11 Jul 2016 Leave a comment
in Alfred Marshall, Gary Becker, history of economic thought, human capital, labour economics
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Tertiary attainment of 25-34 and 55-64 year-olds across the OECD
06 Jul 2016 Leave a comment
in economic growth, economics of education, human capital, labour economics, macroeconomics Tags: endogenous growth theory, graduate premium
Some countries have experienced large increases in the number of young people graduating from University when compared to their parents. Germany and the USA aside, all countries have experienced a noticeable increase in young adults with tertiary degrees.
Source: Education at a Glance 2015 – © OECD 01-01-2015.
If human capital is such a major driver of economic growth, should not these countries with large increases in tertiary educated workers be anticipating a growth spurt? The gaps in tertiary attainment across the OECD are much less than they used to be for young adults. Ireland’s burst in tertiary educated workers was after the Celtic Tiger years, not before or during.
Source: Education at a Glance 2015 – © OECD 01-01-2015.
Utopia, you are standing in it! 
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