The gender difference in wages and the returns to schooling over the great recession in the U.S
Yanan Chen and
Kyle A. Kelly
Research in Economics, 2019, vol. 73, issue 2, 190-198
This paper examines the effects of the Great Recession on the gender difference in hourly wage and the rate of return to schooling in the United States. Using data from American Community Survey 2000–2015, we find that the male-female difference in hourly wage declined during and after the recession. The Great Recession decreased earnings for both men and women, especially for those with more education. We also find there is a significant gender difference in the effects of the Great Recession on the returns to schooling. The Great Recession increased the rate of return to schooling for both men and women, and the female-male difference in the returns to schooling decreased by 0.4 percentage points in the post-recession period. The change of the gender difference in the returns to schooling can be explained by the wage structure change for men and women over the recession.
Keywords: Great Recession; Rate of return to schooling; Gender differentials; Mincer earnings equation (search for similar items in EconPapers)
JEL-codes: J31 J24 E32 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:73:y:2019:i:2:p:190-198
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