Average years of schooling in US over time. Rise slowed in the 1970s. brook.gs/14C4Kmo http://t.co/abs2A8BvAx—
Richard V. Reeves (@RichardvReeves) January 09, 2015
The rise and rise of educational attainment
18 Jun 2015 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice Tags: educational attainment
The costs of teacher tenure in the USA
18 Jun 2015 Leave a comment
in economics of education, labour economics, labour supply, law and economics, managerial economics, occupational choice, organisational economics, personnel economics, rentseeking, unions Tags: employment protection laws
Education and single motherhood
18 Jun 2015 Leave a comment
in economics of education, gender, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA, welfare reform Tags: single mothers
There's a clear increase in single-parent households for parents who haven’t gone to college: on.wsj.com/1B1Xeuq http://t.co/eW2fH8bX5O—
Real Time Economics (@WSJecon) May 17, 2015
% of workers working more than 50 hours per week across OECD
18 Jun 2015 1 Comment
in labour economics, labour supply, occupational choice Tags: compensating differentials, taxation and the labour supply
Figure 1: % of workers working more than 50 hours per week, OECD, 2013
Source: OECD Better Life Index 2015.
Every 20 years we worry about losing jobs to technology
17 Jun 2015 Leave a comment
in economics of education, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, Public Choice, rentseeking, survivor principle Tags: antimarket bias, creative distraction, expressive voting, make-work bias, rational ignorance, rational irrationality, technological unemployment
Every 20 years we worry about losing jobs to tech. books.google.com/ngrams/graph?c… http://t.co/KW47Iwzsp9—
James Bessen (@JamesBessen) August 10, 2014
The education premium has immediate effects
17 Jun 2015 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: College premium, education premium, graduate premium, high school dropouts
http://t.co/t1Pym23Wgv—
EPI Chart Bot (@epichartbot) May 27, 2015
Gender differences in PISA scores, 2012, UK, USA, New Zealand and Australia
16 Jun 2015 Leave a comment
in economics of education, human capital, labour economics, occupational choice, politics - Australia, politics - New Zealand, politics - USA Tags: economics of personality traits, gender gap, PISA, reversing gender gap
Boys’ dominance just about endures in maths: at age 15 they are, on average, the equivalent of three months’ schooling ahead of girls. In science the results are fairly even.
But in reading, where girls have been ahead for some time, a gulf has appeared. In all 64 countries and economies in the study, girls outperform boys. The average gap is equivalent to an extra year of schooling.
Figure 1: : Gender differences (boys – girls) in student performance in reading, mathematics and science in PISA 2012
Source: OECD family database.
The reverse gender tertiary education gap for ages 25–34, Anglo-Saxon countries
14 Jun 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, Canada, College premium, education premium, gender wage gap, Ireland
Figure 1: % population who have attained at least tertiary education, age 25 – 34 by gender (2012)
Source: OECD family database.
Figure 2 shows that the stark reversing of the gender gap in educational attainment shown in figure 1 was somewhat more recent in the US, UK and to a lesser extent in Ireland and Australia. In the UK and USA, educational attainment by gender was pretty equal for the earlier generation of graduates as compared to today’s 25 to 34-year-olds. The reversing of the gender gap in educational attainment dates back several decades in Canada and New Zealand.
Figure 2: % population who have attained at least tertiary education, age 45 – 54 by gender (2012)
Source: OECD family database.
Another rather stunning illustration of the size of the graduate premium in the USA
14 Jun 2015 Leave a comment
in economics of education, human capital, labour economics, occupational choice, politics - USA Tags: College premium, education premium, graduate premium
Gender wage gaps for tertiary educated and high school educated full-time workers in Anglo-Saxon countries
13 Jun 2015 Leave a comment
in discrimination, gender, human capital, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality Tags: asymmetric marriage premium, Australia, British economy, Canada, gender wage gap, Ireland, labour demographics, maternal labour supply
In another blow for the inherent inequality of bargaining power between workers and employers, and for the patriarchy, the wage gap is larger for tertiary educated female full-time workers aged 35-44 than it is for female full-time workers who just finished high school.
Figure 1: gender wage gap for mean full-time, full-year earnings for tertiary educated workers aged 35 – 44, 2012
Source: OECD family database.
To add insult to injury, the gender wage gap further tertiary educated female workers is quite large in the USA but quite small for high school graduates.
Figure 2: gender wage gap for mean full-time, full-year earnings for below upper secondary educated workers aged 35 – 44, 2012
Source: OECD family database.
Canada seems to be a bit of a patriarchal hellhole while New Zealand does pretty well in gender wage gaps.
The gender gap in figure 1 and in figure 2 are unadjusted and calculated as the difference between mean average annual full-time, full-year earnings of men and of women as a percentage of men’s earnings.
Milton Friedman on the essence of the Age of the Worker
13 Jun 2015 Leave a comment
in applied price theory, applied welfare economics, economic growth, economic history, health and safety, income redistribution, industrial organisation, labour economics, labour supply, macroeconomics, Milton Friedman, occupational choice, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking, unions Tags: competition and monopoly, The Great Enrichment, union power, union wage premium
What are the Anglo-Saxon gender wage gaps for the bottom, median and top deciles?
12 Jun 2015 Leave a comment
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
If there is an inherent inequality of bargaining power between workers and employers, as we are so frequently lectured by those in the self appointed know, why is the gender wage gap so small at the bottom of the earnings distribution?
Figure 1: % Gender gap in full-time earnings at the bottom decile of earnings distribution, 2012
Source: OECD family database
Figure 2: % Gender gap in full-time earnings at the median decile of earnings distribution, 2012
Source: OECD family database
Figure 3: % Gender gap in full-time earnings at the top decile of earnings distribution, 2012
Source: OECD family database
The gender gaps are unadjusted, and are calculated as the difference between the earnings of men and women for their respective earnings percentile.
How the average day of American mums and dads has changed since 1965
12 Jun 2015 Leave a comment
in discrimination, economics of love and marriage, gender, labour economics, labour supply, law and economics, occupational choice Tags: economics of the family, home production, household division of labour, marriage and divorce
#Dailychart: How the average day of American mums and dads has changed since 1965 econ.st/1Hi43yt http://t.co/tY5DSpdVKN—
The Economist (@EconBizFin) June 08, 2015
Prison incarceration rates by race and education
12 Jun 2015 1 Comment
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.
What are the Anglo-Saxon gender wage gaps?
11 Jun 2015 Leave a comment
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
Utopia, you are standing in it! 
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