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“Do New Male and Female College Graduates Receive Unequal Pay?”
Filed under Economic Trends, Salary and Benefits, Women and Careers
Posted by Libraries, March 01, 2007
View all posts for March 2007
Judith A. McDonald and Robert J. Thornton, Journal of Human Resources, vol. 42, no. 1, p. 32-48.
According to a recent study of salary data from the National Association of Colleges and Employers, up to 95% of the gender wage gap in starting salaries of new college graduates may be attributable to choice of major. While female-male starting salary ratios from between 1976 and 2001 were found to fluctuate slightly around .90, when the researchers calculated simulated salary ratios adjusted for major, the figure varied from .99 to slightly over 1.00. To figure the simulated ratios, the authors determined what the ratio would have been if women had had the same distribution of majors and number of offers as men.
Does this mean that women are on the verge of closing the wage gap? Not quite. In 2001, actual starting salaries for men still outpaced those of women in the same major about 72% of the time.
Read this article:
http://0-openurl.ingenta.com.library.simmons.edu/content?genre=article&issn=0022-166X&volume=42&issue=1&spage=32&epage=48
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For more information on the gender wage gap, visit our Career Resource eLibrary at http://my.simmons.edu/library/collections/career/diversepopulations.shtml#women.
—Kelly Jo Woodside
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