Why do women's wages increase so slowly throughout their career? A dynamic model of statistical discrimination
The aim of this paper is to explain the growing wage differentials between men and womenduring their working careers. We provide a dynamic model of statistical discrimination, whichintegrates specific human capital decisions: on-the-job training investment and wages areendogenously determined. We reveal a small wage differential at the beginning of women'scareer, followed by a larger wage differential; this is partly due to a lower level of human capitalinvestment by women and partly because firms smooth training costs between different periods.
|Date of creation:||Oct 2007|
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|Note:||View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00193372|
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