Markets and the Gender Wage Gap | The Freeman | Ideas On Liberty

Markets and the Gender Wage Gap | The Freeman | Ideas On Liberty: "When economists hold all these factors constant, they find that the gender wage gap largely disappears. Imagine two employees who are equal regarding human capital and preferences and who differ only by gender – what, if any, pay gap is present? In a study of people 27 to 33 who had never been married and who had no kids, the gap was only 2 cents. The strong implication is that if women want to earn as much as men, they need to adjust their human capital and preferences accordingly."