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Salaries of recent male and female college graduates: Educational and labor market effects

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  • Lois Joy
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    Abstract

    Why do recent male college graduates earn more than their female counterparts? The author explores this question by estimating several salary regressions using data from the 1993-94 NCES Baccalaureate and Beyond Longitudinal Study. The results suggest that labor market variables outweighed academic variables in their contribution to the gender salary gap. Of the academic variables, gender differences in total credits accounted for more of the salary gap than did gender differences in majors, grades, or institution attended. Of the labor market variables, gender differences in job sector, industry, and hours worked had the largest effect on gender differences in salaries. Differences in how men and women searched for and selected first jobs appear to have had little impact on gender differences in salary. Most important, as much as 75% of the wage gap remains unexplained by both the academic and labor market variables. (Author's abstract.) (Free full-text download available at http://digitalcommons.ilr.cornell.edu/ilrreview/.)

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    Bibliographic Info

    Article provided by ILR Review, Cornell University, ILR School in its journal ILR Review.

    Volume (Year): 56 (2003)
    Issue (Month): 4 (July)
    Pages: 606-621

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    Handle: RePEc:ilr:articl:v:56:y:2003:i:4:p:606-621

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    Cited by:
    1. Hamermesh, Daniel S. & Donald, Stephen G., 2008. "The effect of college curriculum on earnings: An affinity identifier for non-ignorable non-response bias," Journal of Econometrics, Elsevier, vol. 144(2), pages 479-491, June.
    2. Qenani-Petrela, Eivis & Wolf, Marianne McGarry, 2007. "Differential Earnings of the Agricultural Graduates: New Evidence from the Agribusiness Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 10(02).
    3. Joy, Lois, 2006. "Occupational differences between recent male and female college graduates," Economics of Education Review, Elsevier, vol. 25(2), pages 221-231, April.
    4. Russo, Giovanni & Hassink, Wolter, 2005. "The Part-Time Wage Penalty: A Career Perspective," IZA Discussion Papers 1468, Institute for the Study of Labor (IZA).
    5. Wolf, Marianne McGarry & Qenani-Petrela, Eivis, 2004. "An Examination of Gender Wage Differences Among Graduates of the Agribusiness Department, California Polytechnic State University, San Luis Obispo, California," 2004 Annual meeting, August 1-4, Denver, CO 20412, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Del Rossi, Alison F. & Hersch, Joni, 2008. "Double your major, double your return?," Economics of Education Review, Elsevier, vol. 27(4), pages 375-386, August.
    7. Grant, Darren, 2007. "Grades as information," Economics of Education Review, Elsevier, vol. 26(2), pages 201-214, April.
    8. Giovanni Russo & Wolter Hassink, 2005. "The Part-Time Wage Penalty: a Career Perspective," Working Papers 05-01, Utrecht School of Economics.
    9. Lin, Eric S., 2010. "Gender wage gaps by college major in Taiwan: Empirical evidence from the 1997-2003 Manpower Utilization Survey," Economics of Education Review, Elsevier, vol. 29(1), pages 156-164, February.

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