What is the difference between the adjusted and unadjusted gender wage gap, and what are their relative values? The unadjusted wage gap does not account for differences in career, job title, or hours worked, and is smaller than the adjusted wage gap. The adjusted wage gap does not account for differences in career, job title, or hours worked, and is smaller than the unadjusted wage gap. The adjusted wage gap does not account for differences in career, job title, or hours worked, and is larger than the unadjusted wage gap. The unadjusted wage gap does not account for differences in career, job title, or hours worked, and is larger than the adjusted wage gap.

What is the difference between the adjusted and unadjusted gender wage gap, and what are their relative values? The unadjusted wage gap does not account for differences in career, job title, or hours worked, and is smaller than the adjusted wage gap. The adjusted wage gap does not account for differences in career, job title, or hours worked, and is smaller than the unadjusted wage gap. The adjusted wage gap does not account for differences in career, job title, or hours worked, and is larger than the unadjusted wage gap. The unadjusted wage gap does not account for differences in career, job title, or hours worked, and is larger than the adjusted wage gap.

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter26: Earnings, Productivity, And The Job Market

Section: Chapter Questions

Problem 7CQ

See similar textbooks

Similar questions

Why is there reluctance on the part of some in the United States to redistribute income so that greater equality can be achieved?
Consider the figures below. Taken together, do the figures support arguments regarding poverty, mobility or job polarization? Explain the argument. Explain why each figure is consistent with one of these economic concepts. Be sure to connect the details in the figure with the definition of the concept.
Suppose that education is the only factor that affects productivity and that an additional year of education raises wages by 2%. Suppose in 2011 gender wage gap was 13%, and the average man had 15 years of education while the average women had 14 years of schooling. a) Using the wage gap decomposition technique, calculate how much of the 13% wage differential is due to discrimination? b) Now suppose in 2021 the gender wage gap is 10%, but the average woman’s education level is increased to 17 year and the average man’s education increases to16 years. (Assume that the return to education stays same at 2%), Was there a decrease or an increase in wage discrimination in the decade? Why?
4 Create the within differenced log wage and education variables for both twins, and denote the variables by wlogwage and weduc. I have the data, which include educ1, educ2, logwage1, and logwage2. I am using STATA. How can I create the within differenced log wage and education and call them by wlogwage and weduc?
Calculate the labour force participation rate based on the following information. LFPR= actual labour force/potential labour force x 100 Total population: 260 millionEmployed: 130 millionUnemployed: 10 millionRetired: 35 millionOutside the working-age group: 60 million
Derive the Oaxaca measure of discrimination. Does this statistic truly measure the impact of discrimination on the relative wage of the affected groups?
Pls help with below homework. Explain the gender stratification results and its relation with education , occupation , earnings ,and criminal activity. Give specific real life examples to clear the concept.
Breifly discuss what the proverty rate, including what it is, how it is determined, and how this relates to the near poor.
To what extent is income inequality explained by income differences across different individuals (cross section difference)? To what extent is income inequality explained by income differences over the work career of a given individual (time series difference)? Why is it important to consider both of these factors when evaluating income inequality?
Discuss the implications of Income Distribution in terms of Skill in the LabourMarket?
What effect will each of the following proposed changes have on wage inequality?a. Indexing t he m inimum wage to inflation.b. Increasing the benefit level paid to welfare recipients.c. Increasing wage subsidies paid to firms that hire low-skill workers.d. An increase in border enforcement, reducing the number of illegal immigrants entering the country.
Suppose that an additional year of schooling raised wages by 7 percent in 1970, regardless of the worker’s race or ethnicity. Suppose also that the wage differential between the average white and the average Hispanic was 36 percent. Finally, assume education is the only factor that affects productivity, and the average white worker had 12 years of schooling in 1970, while the average Hispanic worker had 9 years. By 1980, the average white worker had 13 years of education, while the average Hispanic worker had 11 years. A year of schooling still increased earnings by 7 percent, regardless of the worker’s ethnic background, and the wage differential between the average white worker and the average Hispanic worker fell to 24 percent. Was there a decrease in wage discrimination during the decade? Was there a decrease in the share of the wage differential between whites and Hispanics that can be attributed to discrimination?