The Economics of Inequality- The Gender Pay Gap- Part 1

Why do women make less money than men? Is the gender pay gap a myth? Are women being descriminated against since they only earn about 80% of what average men earn? These are great questions.

In this video, I share four reasons that economists give that explain why women make less money than men.It turns out that it has a lot to do with their choices and preferences. I’ve included links to articles, studies, and the data below. Thanks for watching.

Full and Part-time Work
https://www.bls.gov/opub/ted/2015/time-spent-working-by-full-and-part-time-status-gender-and-location-in-2014.htm

Gender Bias Study
http://www.pnas.org/content/109/41/16474.full

College Majors
http://www.payscale.com/college-salary-report/majors-that-pay-you-back/bachelors

Occupations by Gender
https://www.bls.gov/opub/ted/2012/ted_20120501.htm

Occupation Deaths
https://www.bls.gov/iif/oshwc/cfoi/cfch0006.pdf

Infographic
http://www.payscale.com/gender-lifetime-earnings-gap

Women and Negotiation
http://www.womendontask.com/stats.html

Flexible Schedules
https://scholar.harvard.edu/files/goldin/files/goldin_aeapress_2014_1.pdf

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