Wage Gaps and the Labor Market Equilibrium

2021 ◽  
pp. 294-348
2014 ◽  
Vol 59 (2) ◽  
pp. 119-127 ◽  
Author(s):  
Daniel S. Hamermesh

This study summarizes evidence on various unique aspects of work time in the American labor market. Compared to workers in other rich countries, Americans: Work longer hours per week; take fewer paid vacations; are more likely to work on weekends or at nights; enjoy fewer daily hours of leisure; are more likely to feel pressured for time. Except for night/weekend work, these phenomena are concentrated among higher earners. Their workaholism spills over onto other workers and non-worker family members. The study indicates policy remedies for what appears to be an inferior labor-market equilibrium of excessive market work in the U.S.


1968 ◽  
Vol 76 (4, Part 2) ◽  
pp. 678-711 ◽  
Author(s):  
Edmund S. Phelps

2005 ◽  
Vol 18 (1) ◽  
pp. 181-187 ◽  
Author(s):  
William C. Horrace
Keyword(s):  

Nova Economia ◽  
2016 ◽  
Vol 26 (2) ◽  
pp. 429-464 ◽  
Author(s):  
Samantha Haussmann ◽  
◽  
André Braz Golgher ◽  

Abstract: Labor market literature attests that men tend to earn more than women in similar occupations in Brazil and elsewhere. However, some recent trends that have occurred in Brazil promote the narrowing of gender gaps in the labor market. This paper analyzes this issue empirically with the use of PNADs, Mincerian wage equations, and a hierarchical model based on the Age-Period-Cohort approach. We observed that gender wage gaps were shrinking and, although there might still be an unexplained advantage for men in the labor market, the evolution of women's endowments for the labor market and the decrease in labor market segregation significantly compensated for this difference. Due to these trends, after controlling for cohort differences, we observed non-significant gender wage gaps in some models.


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