They can’t afford to. Fix, B. Despite the results, myths and misconceptions about the gender pay gap persist. There is no problem with the concept of productivity provided you are very clear about what you mean by it. . Ayres, R. U., & Warr, B. The important point is that it’s far from clear that US productivity has increased steadily over the 20th century. But killer stats obliterate distinctions between more and less serious problems and send scarce resources in the wrong directions. This gap is an important measure of inequality. The wage discrepancy here stems from career choices, not pay discrimination. Cockshot, P., Shimshon, B., & Nitzan, J. The gender wage gap is not as simple as either the defenders of markets or their feminist critics make it out to be. By dissecting it, I don’t mean to pick on the EPI authors. Yet they then equate income and productivity at the national level. We’re explicitly comparing two types of income — the income of production workers relative to the national average. 3. more people doing paid work. You have to believe that prices ‘reveal’ utility, and that monetary income is the same as economic ‘output’. Statistics Canada data shows a gender pay gap still exists: On average, women working full time, full year earn 75 cents for every dollar earned by men. But the more fine grain the analysis, the more this gap will disappear. All rights reserved. Tap here to turn on desktop notifications to get the news sent straight to you. income from property rights) it makes little sense to exclude *intellectual* property rights. I can see by the comments that people aren’t interested in solving problems. In contrast, our physical measure suggests that productivity has stagnated since 1970. Christina Hoff Sommers is a resident scholar at the American Enterprise Institute and author of several books, including The War Against Boys. To aggregate economic output, economists use prices as the common unit. The two types of income sum to National Income: If we select only ‘laborers’, it’s possible for the average hourly income of this subpopulation to diverge from the average income of the population. According to "Graduating to a Pay Gap" publicity materials, "The AAUW today released a new study showing that just one year out of college, millennial women are paid 82 cents for every dollar paid to their male peers. However, with the gap approaching a few cents, there is not a lot of room for discrimination. Thank you for your consistent reply. Either we side with neoclassical theory and equate income and productivity wholesale. Suppose that Alice grows 1 ton of corn and 5 tons of potatoes. Now, you ask if the ‘productivity-pay gap’ is larger than economists think because of the growth of service sector prices. In this case, we can’t just count commodities, because they have different ‘natural units’ (apples and oranges, as they say). When three reporters from the Village Voice questioned Estes on the number of children who are abducted and pressed into sexual slavery each year, he replied, “We’re talking about a few hundred people.” And this number is likely to include a lot of boys: According to a 2008 census of underage prostitutes in New York City, nearly half turned out to be male. But they’re not. The Value Added (VA) in the process is the source for retribution to the various inputs: labor, capital, fixed assets, public services, etc. Notice women outnumber men in only one of those categories. There are too many factors that go into making those statistics that no one is talking about. Follow her @CHSommers. I don’t think the message here is that there isn’t pay discrepancy in America, but rather how we understand it is flawed. Even in the same profession, men and women make different career choices that impact how much money they make. But what about the Unfortunate 4,400? But just how far below depends on income inequality. Here’s the paper in case you’re interested: https://sites.google.com/site/dongyakoh/IPP_USLS_ECMA_resub.pdf?attredirects=0&d=1. All rights reserved. It’s fun to play around with these things, but they’re only useful as tool for empirical research.
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