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Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors

Year: 2010

Type: article

Abstract: The careers of MBAs from a top US business school are studied to understand how career dynamics differ by gender. Although male and female MBAs have nearly identical earnings at the outset of their careers, their earnings soon diverge, with the male earnings advantage reaching almost 60 log points a decade after MBA completion. Three proximate factors account for the large and rising gender gap in earnings: differences in training prior to MBA graduation, differences in career interruptions, and differences in weekly hours. The greater career discontinuity and shorter work hours for female MBAs are largely associated with motherhood. (JEL J16, J22, J31, J44)

Source: American Economic Journal Applied Economics

DOI: 10.1257/app.2.3.228

Authors: Marianne Bertrand, Claudia Goldin, Lawrence F Katz

Institutions: National Bureau of Economic Research, University of Chicago, Harvard University

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Gender equality, Decent work and economic growth, Reduced inequalities

Open Access status: bronze

OpenAlex ID: W2107338156

FWCI: 90.53

Cites: 26

Cited by: 1,270

Related to: 10