The Gender Wage Gap among Young Adults in the United States: The Importance of Money versus People

• Autores: Nicole M. Fortin
• Localización: Journal of human resources, ISSN 0022-166X, Vol. 43, Nº 4, 2008, págs. 884-918
• Idioma: inglés
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• Resumen

  • Using two single-cohort longitudinal surveys, the NLS72 and the NELS88, I investigate the impact of four noncognitive traits—self-esteem, external locus of control, the importance of money/work and the importance of people/ family—on wages and on the gender wage gap among these young workers. I find that gender differences in these noncognitive factors, especially the importance of money/work, have a modest but significant role in accounting for the gender wage gap. Methodologically, this paper proposes a correction to the Oaxaca-Blinder-Ransom decomposition that results in a truly decomposable approach compatible with the simple pooled regression that includes a gender dummy.