American Economic Journal:
Applied Economics
ISSN 1945-7782 (Print) | ISSN 1945-7790 (Online)
Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors
American Economic Journal: Applied Economics
vol. 2,
no. 3, July 2010
(pp. 228–55)
(Complimentary)
Abstract
The careers of MBAs from a top US business school are studied to understand how career dynamics differ by gender. Although male and female MBAs have nearly identical earnings at the outset of their careers, their earnings soon diverge, with the male earnings advantage reaching almost 60 log points a decade after MBA completion. Three proximate factors account for the large and rising gender gap in earnings: differences in training prior to MBA graduation, differences in career interruptions, and differences in weekly hours. The greater career discontinuity and shorter work hours for female MBAs are largely associated with motherhood. (JEL J16, J22, J31, J44)Citation
Bertrand, Marianne, Claudia Goldin, and Lawrence F. Katz. 2010. "Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors." American Economic Journal: Applied Economics, 2 (3): 228–55. DOI: 10.1257/app.2.3.228Additional Materials
JEL Classification
- J16 Economics of Gender; Non-labor Discrimination
- J22 Time Allocation and Labor Supply
- J31 Wage Level and Structure; Wage Differentials
- J44 Professional Labor Markets; Occupational Licensing
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