The OECD (Organization for Economic Cooperation and Development) presents average wage data across developed countries. The database

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The OECD (Organization for Economic Cooperation and Development) presents average wage data across developed countries. The database also includes data on the gender wage gap and share of low- and high-wage workers. For this problem go to the website:

data.oecd.org/earnwage/average-wages.htm. In the left sidebar, select the tab for gender wage gap.

a. What is the definition of the gender wage gap?

b. What is the gender wage gap for the United States?

Provide an interpretation of the value.

c. What are the primary factors that explain the gender wage gap? Do these factors rule out discrimination?

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Related Book For  answer-question

Microeconomics

ISBN: 9781319245283

6th Edition

Authors: Paul Krugman Robin Wells

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