
Source: neurologicablog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Feb 2015 Leave a comment
in behavioural economics, economics of education, economics of information, economics of media and culture, health economics, human capital Tags: Dunning-Kruger effect
26 Feb 2015 Leave a comment
in economics of education, human capital, labour supply, occupational choice Tags: age-earnings profile


25 Feb 2015 Leave a comment
in applied welfare economics, development economics, economic history, growth miracles, human capital, labour economics, politics - New Zealand, politics - USA, poverty and inequality Tags: Paul Krugman, Thomas Piketty
25 Feb 2015 Leave a comment
in discrimination, gender, human capital, labour economics Tags: compensating differences, gender wage gap, sex discrimination
Occupations that most value long hours, face time at the office and being on call — like business, law and surgery — tend to have the widest pay gaps. That is because those employers pay people who spend longer hours at the office disproportionately more than they pay people who don’t, Dr. Goldin found. A lawyer who works 80 hours a week at a big corporate law firm is paid more than double one who works 40 hours a week as an in-house counsel at a small business.
Jobs in which employees can easily substitute for one another have the slimmest pay gaps, and those workers are paid in proportion to the hours they work.
Pharmacy is Dr. Goldin’s favorite example. A pharmacist who works 40 hours a week generally earns double the salary of a pharmacist who works 20 hours a week, and as a result, the pay gap for pharmacists is one of the smallest.
via artdiamondblog.com.
25 Feb 2015 Leave a comment

25 Feb 2015 Leave a comment
in discrimination, gender, human capital, labour economics, labour supply, occupational choice Tags: asymmetric marriage premium, gender wage gap
23 Feb 2015 Leave a comment
in human capital, labour economics, labour supply, poverty and inequality Tags: middle-class wage stagnation, top 1%
18 Feb 2015 Leave a comment
in economics of education, human capital, job search and matching, labour economics, labour supply, personnel economics Tags: job market signaling, recruitment standards
15 Feb 2015 Leave a comment
in discrimination, human capital, labour economics, poverty and inequality Tags: poverty and inequality, racial discrimination, Roland Fryer

Roland Fryer carried a gun at 14 as a member of the gang; worked extra jobs at college to pay off his father’s bail bondsman; and an assistant professor at Harvard at the age of 27. He is the sharpest economist around working on the economics of inequality and discrimination.
15 Feb 2015 Leave a comment
in human capital Tags: child rearing, economics of personality traits, partisanship
12 Feb 2015 Leave a comment
in economic growth, human capital, income redistribution, politics - USA, poverty and inequality Tags: middle class stagnation
10 Feb 2015 Leave a comment
in economic growth, human capital, politics - USA, technological progress Tags: global technological frontier, growth of knowledge, innovation, Schumpeter, technology diffusion

HT: theatlantic.com/a-short-history-of-american-invention/385279/ via Mikko Packalen and Jay Bhattacharya
09 Feb 2015 Leave a comment
in health and safety, human capital, labour economics, labour supply, managerial economics, market efficiency, occupational choice, organisational economics, personnel economics Tags: modern human resource management
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