The primary school teachers union has done very well in New Zealand in recent times
12 May 2015 Leave a comment
in economics of bureaucracy, economics of education, labour economics, labour supply, occupational choice, Public Choice, rentseeking, unions Tags: public sector wage premium, union power, union wage premium
The average CEO in America earns about as much as the average dentist
12 May 2015 Leave a comment
in human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality Tags: CEO pay, top 1%
Women and Social Mobility – Key Facts
11 May 2015 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice, politics - USA, population economics Tags: gender wage gap
How are today's baby boomer women faring compared to their #mothers? Check out these 6 facts: brook.gs/1J2Hq1l http://t.co/DMZG536cE3—
Brookings (@BrookingsInst) May 11, 2015
1. Today’s working women (henceforth described as “daughters”) have higher wages than their mothers – but do not have higher wages than their fathers. Men have higher wages than both their fathers and their mothers.
2. The poorest women are doing best. 80% of daughters raised in the bottom quintile have higher wages than their fathers did. (h/t Scott Winship)
3. “Men’s wages remain more important to increasing couples’ family income,” despite “women’s significant generational gains” …
4. Women who grew up in households where their mother did not work actually have the highest family incomes today—but not because they themselves earn more. Daughters’ individual incomes do not vary significantly by mother’s work status, but family income does—suggesting that daughters whose mothers didn’t work have higher earning husbands. (Catherine Rampell discovered this by asking Pew to split out their analyses by mothers’ labor choices.) Perhaps those raised in more traditional settings are more likely to replicate a traditional division of labor?
via via Women and Social Mobility: Six Key Facts | Brookings Institution.
Another gender gap that dare not mention its name
11 May 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, occupational choice Tags: educational attainment, gender wage gap, reversing gender gap
Prediction: No commencement speaker will mention the huge ‘degree gap’ favoring women. ow.ly/MCiAm http://t.co/kzzNagctAk—
(@AEI) May 06, 2015
Income by educational attainment in the USA
10 May 2015 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice Tags: College premium, education premium, labour demographics
Unemployment isn’t much of an issue for the well educated in recessions
09 May 2015 Leave a comment
in business cycles, economic growth, economics of education, human capital, job search and matching, labour economics, labour supply, macroeconomics, occupational choice, unemployment Tags: labour demographics, prosperity and depression
#StayinSchool
April jobless rate for people 25+ with
B.A. or more: 2.7%
No h.s. diploma: 8.6%
on.wsj.com/1H63SHl http://t.co/UwzHjiaQz9—
Sudeep Reddy (@Reddy) May 08, 2015
April jobless rate by race/ethnicity:
Black 9.6%
Hispanic: 6.9%
White 4.7%
Asian 4.4%
on.wsj.com/1H619hg http://t.co/qgRWa7MB85—
Sudeep Reddy (@Reddy) May 08, 2015
There are big differences in part-time employment rates across countries
06 May 2015 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice Tags: gender wage gap, part-time employment, reversing gender gap
Gender & #jobs: pretty clear who's working only part-time. Follow @OECDlive & #gender tomorrow bit.ly/1BCpQOH http://t.co/arzboo6udl—
(@OECD) March 03, 2015
The rise and rise of mothers as breadwinners
05 May 2015 Leave a comment
in economics of love and marriage, gender, labour economics, labour supply, occupational choice Tags: female labour supply, gender wage gap, household division of labour, maternal labour supply
More and more employees have rules about not been a dork online
04 May 2015 Leave a comment
in economics of media and culture, labour economics, law and economics, occupational choice, property rights Tags: employment law
Women are winning the human capital race | Kevin M. Murphy and Robert H. Topel
04 May 2015 Leave a comment
in applied welfare economics, discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, reversing gender gap
Why have women outpaced men? There’s little cognitive difference between the sexes, and males do better on standardized tests.
But Murphy, Becker, and Hubbard argue that women tend to have better “non-cognitive skills” than men do. Those personal skills and character traits such as persistence, self-control, and conscientiousness may help women excel academically and stay in school until they graduate.
The academic achievement gap actually starts before college: 25 percent more females than males took high-school advanced-placement tests in 2010, the Cleveland Fed economists find.
“There is a substantial gap between the measured high school performance of males and females,” Topel and Murphy write in a 2014 study, noting that female graduating high school seniors have, as a group, higher grade point averages than their male counterparts. “This high school gender gap in academic performance persists in the population that continues on to college.”
via Women are winning the human capital race | The University of Chicago Booth School of Business.
College graduates don’t really notice recessions
02 May 2015 Leave a comment
in business cycles, economics of education, great recession, human capital, labour economics, macroeconomics, occupational choice, politics - USA, unemployment Tags: College premium, education premium, labour demographics
Our monthly update on the question: should I stay in school? blogs.wsj.com/economics/2015… http://t.co/IaVxoAJmqe—
Josh Zumbrun (@JoshZumbrun) April 03, 2015
What is assortative mating?
02 May 2015 Leave a comment
in discrimination, economics of education, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics, occupational choice Tags: assortative mating
#Dailychart: Sex and money: How women's equality increases wealth inequality. econ.st/1kCYG1R http://t.co/dfrYJs4vBs—
The Economist (@ECONdailycharts) February 13, 2014
The pretence to knowledge has a supply and a demand
01 May 2015 Leave a comment
in applied price theory, Austrian economics, F.A. Hayek, labour supply, occupational choice, Public Choice, rentseeking Tags: consultants, rent seeking, The pretence to knowledge
The life of an economist. http://t.co/gvBLa9Tk3h—
Justin Wolfers (@JustinWolfers) March 02, 2015
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