This European survey examines (a) By enabling women’s life choices about education, work and family, the contraceptive pill made a substantial contribution to closing gender gaps in the labor market for professionals; (b) Gender gaps in today’s labor market arise less from differences in educational and occupational choices than from the differential career impact of parenthood and social norms around men's and women’s roles in childrearing; (c) The gender gap in pay would be substantially reduced if firms had fewer incentives to offer disproportionate rewards to individuals who work long and/or inflexible hours
Keyword: human capital
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This US survey examines (a) By enabling women’s life choices about education, work and family, the contraceptive pill made a substantial contribution to closing gender gaps in the labor market for professionals; (b) Gender gaps in today’s labor market arise less from differences in educational and occupational choices than from the differential career impact of parenthood and social norms around men's and women’s roles in childrearing; (c) The gender gap in pay would be substantially reduced if firms had fewer incentives to offer disproportionate rewards to individuals who work long and/or inflexible hours
This European survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality
This US survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality
This week's IGM European Experts Panel statements:
A) All else equal, if corporations throughout Europe set quotas for a minimum number of women board members, the shareholder value of European companies would increase.
B) Taking into account the likely effects on investments in human capital by men and women, setting quotas throughout Europe for a minimum number of women board members would generate substantial net benefits for Europeans.
This week's European Economic Experts Panel statements:
A) All else equal, there are substantial advantages to having much of Europe’s human capital and infrastructure for international financial activity clustered in a single city, as they are at present in London.
B) All else equal, Britain’s rules on hiring, firing and working hours are significantly more conducive to financial activity than those in other large European countries.
This week’s IGM Economic Experts Panel statements:
A: Employers that discriminate in hiring will be at a competitive disadvantage, if their customers do not care about their mix of employees, compared with firms that do not discriminate.
B: Rising market wages are an important reason — over and above any changes in medical technology, social norms or preferences — why family sizes have fallen over the past century in rich countries.
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