How does physical attractiveness affect earnings? Studies of the U.S. labor market show that beautiful people earn
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Why do beautiful people earn more income? According to biologists, beauty is a marker for underlying characteristics such as health and intelligence, and beautiful people start with a slight edge in the labor market. Beautiful people get more opportunities to learn through experience, and they also acquire better professional contacts. Because of these wider opportunities, a small difference in innate characteristics can be amplified into a large difference in earnings. Another factor in the beauty premium is that some workers and consumers simply like dealing with attractive people, so there is a higher demand for beautiful workers, resulting in higher wages.
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Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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