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Higher Career Cost Can Actually Explain Why More Women Than Men Go to College

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  • Hanzhe Zhang

    (Department of Economics, University of Chicago)

Abstract

This paper shows how women's relatively higher career cost can explain why in most of the developed countries women go to college at a higher rate than men and earn less on average. I assume men and women make costly college and career investments but women face an extra cost for career investment because such investment occurs during their fertile period. The extra career cost discourages women from investing in career but surprisingly encourages more women than men to go to college through a general-equilibrium marriage-market channel that results in an endogenously higher college marriage premium for women.

Suggested Citation

  • Hanzhe Zhang, 2017. "Higher Career Cost Can Actually Explain Why More Women Than Men Go to College," Working Papers 2017-064, Human Capital and Economic Opportunity Working Group.
  • Handle: RePEc:hka:wpaper:2017-064
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    Cited by:

    1. Zhang, Hanzhe, 2020. "A Marriage-Market Perspective on Risk-Taking and Career Choices: Theory and Evidence," Working Papers 2020-2, Michigan State University, Department of Economics.
    2. Wu, Jiabin & Zhang, Hanzhe, 2021. "Preference evolution in different matching markets," European Economic Review, Elsevier, vol. 137(C).
    3. He, Simin & Wu, Jiabin & Zhang, Hanzhe, 2021. "Experimental and Noncooperative Analyses of Decentralized Matching with Transfers," Working Papers 2021-2, Michigan State University, Department of Economics.
    4. Zhang, Hanzhe, 2020. "Pre-matching gambles," Games and Economic Behavior, Elsevier, vol. 121(C), pages 76-89.
    5. Chuan, A. & Zhang, W., 2021. "Non-College Occupations, Workplace Routinization, and the Gender Gap in College Enrollment," Cambridge Working Papers in Economics 2177, Faculty of Economics, University of Cambridge.
    6. Naomi Gershoni & Corinne Low, 2020. "The Power of Time: The Impact of Free IVF on Women’s Human Capital Investments," Working Papers 2011, Ben-Gurion University of the Negev, Department of Economics.
    7. Zhang, Lin, 2022. "Age matters for girls: School entry age and female graduate education," Economics of Education Review, Elsevier, vol. 86(C).
    8. Gershoni, Naomi & Low, Corinne, 2021. "The power of time: The impact of free IVF on Women’s human capital investments," European Economic Review, Elsevier, vol. 133(C).
    9. Dan Anderberg & Jesper Bagger & V. Bhaskar & Tanya Wilson, 2022. "Marriage market equilibrium with matching on latent ability: Identification using a compulsory schooling expansion," Working Papers 2022_11, Business School - Economics, University of Glasgow.

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    More about this item

    Keywords

    gender-differential career cost; college gender gap; college marriage premium;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D10 - Microeconomics - - Household Behavior - - - General
    • I20 - Health, Education, and Welfare - - Education - - - General

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