Sunday, May 17, 2020
The Wage Gap, Worker Discrimination And Varying...
In terms of attributing to the wage gap, worker discrimination and varying preferences occurs largely based on views surrounding what jobs are male or female dominated. Although worker discrimination and wage discrepancies are a reality in Brazil, the labor market conditions for women are becoming better over time. Despite gender segregation in the labor market, the wages of women are sometimes evenly or positively affected. For instance, ââ¬Å"For industries and occupations where women receive higher remuneration than men, we observe that women have higher education levels, indicating that their higher remuneration is due to individual characteristicsâ⬠(Madalozzo 165). Even though a positive correlation has been observed regarding womenââ¬â¢s education level and wage, in general, men still benefit more based on their individual characteristics, which is why they are generally paid more. According to Madalozzo, ââ¬Å"This diï ¬â¬erence in pay is decreasing but was still a signiï ¬ cant 15.4 percent, on average, in 2007,â⬠and ââ¬Å"â⬠¦the present study improves the quantiï ¬ cation of this wage gap, showing that the trend of a decreasing gap remains, but is losing pace overtimeâ⬠(165-66). In order to combat the presence of the wage gap, policies regarding bettering womenââ¬â¢s education and incentivizing women to enter the labor market should be implemented because the current system discourages women to enter the market. According to Galor and Weil, ââ¬Å"â⬠¦increasing womenââ¬â¢s relative wages reduces fertility byShow MoreRelatedRacial Discrimination Essay2245 Words à |à 9 Pagesracial discrimination in the labor market. Understanding racial discrimination in the labor market is of critical importance because of the sever wage differentials between different races in the market. Most of the economic research on racial discrimination focuses on black and white males. 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