Changes in the Gender Wage Gap and The Returns to Firm Specific Human Capital
If employers believe females are more likely to separate from a job than males, efficient cost sharing of on-the-job-training implies that females will have higher returns to tenure. Becker and Lindsay (1994) argue that this is true empirically. (1994). Updating the analysis we find that that there is no longer a difference in the probability of leaving jobs or in returns to tenure by gender. Differences in contracts to finance on the job training can no longer explain any of the “discrimination” component in the gender wage gap.
|Date of creation:||08 Jun 1999|
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- Light, Audrey & Ureta, Manuelita, 1992. "Panel Estimates of Male and Female Job Turnover Behavior: Can Female Nonquitters Be Identified?," Journal of Labor Economics, University of Chicago Press, vol. 10(2), pages 156-81, April.
- James Coleman, 1998. "Do women earn higher returns to tenure than men? Evidence from the new earnings survey," Applied Economics Letters, Taylor & Francis Journals, vol. 5(2), pages 65-68.
- Becker, Elizabeth & Lindsay, Cotton M, 1994. "Sex Differences in Tenure Profiles: Effects of Shared Firm-Specific Investment," Journal of Labor Economics, University of Chicago Press, vol. 12(1), pages 98-118, January.
- Hersch, Joni & Reagan, Patricia B, 1997. "Worker Effort Decisions and Efficient Gender-Specific Wage-Tenure Profiles," Economic Inquiry, Western Economic Association International, vol. 35(1), pages 193-207, January.
- Blau, Francine D & Kahn, Lawrence M, 1997. "Swimming Upstream: Trends in the Gender Wage Differential in 1980s," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 1-42, January.
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