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Title: Convergences in Mens and Womens Life Patterns: Lifetime Work, Lifetime Earnings, and Human Capital Investment

Citation Type: Book, Section

Publication Year: 2015

Abstract: The changes in womens and mens work lives have been considerable in recent decades. Yet much of the recent research on gender differences in employment and earnings has been of a more snapshot nature rather than taking a longer comparative look at evolving patterns. In this paper, we use 50 years (19642013) of US Census Annual Demographic Files (March Current Population Survey) to track the changing returns to human capital (measured as both educational attainment and potential work experience), estimating comparable earnings equations by gender at each point in time. We consider the effects of sample selection over time for both women and men and show the rising effect of selection for women in recent years. Returns to education diverge for women and men over this period in the selection-adjusted results but converge in the OLS results, while returns to potential experience converge in both sets of results. We also create annual calculations of synthetic lifetime labor force participation, hours, and earnings that indicate convergence by gender in worklife patterns, but less convergence in recent years in lifetime earnings. Thus, while some convergence has indeed occurred, the underlying mechanisms causing convergence differ for women and men, reflecting continued fundamental differences in womens and mens life experiences.

Url: http://www.emeraldinsight.com/doi/abs/10.1108/S0147-912120140000041008

User Submitted?: No

Authors: Jacobsen, Joyce; Khamis, Melanie; Yuksel, Mutlu

Editors: Solomon W. Polachek, Konstantinos Tatsiramos Klaus F. Zimmermann

Pages: 1-33

Volume Title: Research in Labor Economics

Publisher: Emerald Group Publishing Limited

Publisher Location:

Volume: 41

Edition:

Data Collections: IPUMS CPS

Topics: Gender, Labor Force and Occupational Structure, Other

Countries:

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