Explanation The most important reason that women earn, on average, lower wages than men because they are more likely to take time away from their careers(or leave their careers) in order to have or raise children. As a result, there is a statistical difference in continuous years of employment of men and women, on average. Further, many women cut their careers short in order to have kids before they have reached what would otherwise be their peak earnings. While sex discrimination may play a small role in explaining the wage gap, the gap shrinks to almost nothing once years of employment are controlled for. This situation has existed for several decades because women have not stopped having children or stopped letting children influence career decisions...

10th Edition

ISBN: 9781285859460

Author: BOYES, William

Publisher: Cengage Learning

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Question

Chapter 30, Problem 11E

To determine

To explain:

The difference between wages of men and women and the reason for this situation has been for decades.

Expert Solution & Answer

Chapter 30 Solutions

Economics:

Ch. 30 - Prob. 1E Ch. 30 - Prob. 2E Ch. 30 - Prob. 3E Ch. 30 - Prob. 4E Ch. 30 - Prob. 5E Ch. 30 - Prob. 6E Ch. 30 - Prob. 7E Ch. 30 - Prob. 8E Ch. 30 - Prob. 9E Ch. 30 - Prob. 10E

Ch. 30 - Prob. 11E Ch. 30 - Prob. 12E Ch. 30 - Prob. 13E Ch. 30 - Prob. 14E Ch. 30 - Prob. 15E Ch. 30 - Prob. 16E

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