Preference for the Workplace, Investment in Human Capital, and Gender

Matthew Wiswall () and Basit Zafar

The Quarterly Journal of Economics, 2018, vol. 133, issue 1, 457-507

Abstract: We use a hypothetical choice methodology to estimate preferences for workplace attributes from a sample of high-ability undergraduates attending a highly selective university. We estimate that women on average have a higher willingness to pay (WTP) for jobs with greater work flexibility and job stability, and men have a higher WTP for jobs with higher earnings growth. These job preferences relate to college major choices and to actual job choices reported in a follow-up survey four years after graduation. The gender differences in preferences explain at least a quarter of the early career gender wage gap.

Date: 2018
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Working Paper: Preference for the workplace, investment in human capital, and gender (2016)
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