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WOMEN, LABOR MARKETS. AND COMPARABLE WORTH
Authors:Jane Bayes
Abstract:This article reviews various theories about labor markets in the United States and traces the arguments that accompany each theory concerning why women earn less than men. To test some of these arguments, the paper uses aggregate statistics on the sex composition of occupations and industries during the decade 1970–1980 t o identify trends. Findings show that the sex segregation of occupations decreased slightly while the sex segregation of industries increased. The earnings differential between men and women remained substantially the same. The paper offers an explanation using labor market theories for these empirical findings and, in light of this explanation, assesses the implications for the effectiveness of comparable worth policies.
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