The Gender Wage Gap among Young Adults in the United States: The Importance of Money versus People
Using two single-cohort longitudinal surveys, the NLS72 and the NELS88, I investigate the impact of four noncognitive traits—self-esteem, external locus of control, the importance of money/work and the importance of people/ family—on wages and on the gender wage gap among these young workers. I find that gender differences in these noncognitive factors, especially the importance of money/work, have a modest but significant role in accounting for the gender wage gap. Methodologically, this paper proposes a correction to the Oaxaca-Blinder-Ransom decomposition that results in a truly decomposable approach compatible with the simple pooled regression that includes a gender dummy.
When requesting a correction, please mention this item's handle: RePEc:uwp:jhriss:v:43:y:2008:i4:p884-918. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.