LABOR ECONOMICS
8th Edition
ISBN: 9781260004724
Author: BORJAS
Publisher: RENT MCG
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Question
Chapter 7, Problem 10RQ
To determine
The reason for the mean in the correlation between the earnings of parents and children.
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Can regression be used to estimate the effect of gender on an individual’s earnings?
How does skill atrophy provide an explanation for differentiation in earnings?
The following statistic is reported by the U.S. Bureau of Labor Statistics: in 2014, women’s average weekly earnings is 83% of men’s average weekly earnings. This statistic is referred to, in the media, as the “gender wage gap”. Possible reasons wages vary among workers, and thus the average weekly earnings for women is different than that of men, include which of the following?
a.human capital
b.compensating wage differentials
c.job search uncertainty
d.All of the above.
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