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by DelaneyM
3617 days ago
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Data collection: A+ Analysis: needs improvement. From the article: > Based on the data, women are definitely undervaluing themselves in comparison to men. The gap starts around $10k/year for the first year and grows to a staggering $30k/year after 10 years of working epxeriences. [sic] An alternative interpretation is that women are behaving entirely logically with the knowledge that their employability is maximized if they set their desired salaries lower than men with equivalent experience. Efficient markets are a thing. I'm not saying that's my interpretation of the data, I'm just cautioning against jumping to conclusions when that conclusion is implicitly blaming the victims. It's a really great analysis and the dataset could set up a great follow-on study of causation. |
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I do think wages are really very much a bottom up thing in that people can collectively raise their wages by simply not accepting lower pay. Putting a (reasonably) high price on your head is not only good for you but for others like you in the labor market. Firms are not really in a great position to keep wages down, the best they can do is make sure nobody knows what anyone else makes.