Suppose years of schooling, s, is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by wm = 500 + 100s and wf = 300 + 75s.

On average, men have 14 years of schooling and women have 12 years of schooling.

(a)  What is the male-female wage differential in the labour market?

(b)  Calculate how much of this wage differential is due to discrimination and how much is due to difference in skills.

 

 

Posted Date: 2/28/2013 2:20:06 AM | Location : United States

Ask an Expert

Related Discussions:- Calculate wage differential, Assignment Help, Ask Question on Calculate wage differential, Get Answer, Expert's Help, Calculate wage differential Discussions

Write discussion on Calculate wage differential
Your posts are moderated

Write your message here..

Related Questions

T-ratio test, about t-ratio test under multicolinarity about t-ratio test under multicolinarity

GDP, If in some country personal consumption expenditures in a specific yea... If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government pur

Future economic growth, What trends do you see in the Economic, Political, ... What trends do you see in the Economic, Political, and Cultural environment of society that will affect the industry in the future? Answer) The trends that will affect the indus

Calculate expected profit and decision tree, It was shortly before noon. Mr... It was shortly before noon. Mr. Zhi-Long Chen, director of Overnight Delivery Operations at Capital Crab and Lobster, Inc.(CCL) in Washington DC, anxiously watched the Weather Chan

Economic development, what are factors contributing to the long run trend i... what are factors contributing to the long run trend interms of trade of developing countries?

Elasticity, Assume the price elasticity of cigarettes is 0.25. By how much ... Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?

Adult literacy, I have a project and I need help with the writing. I have t... I have a project and I need help with the writing. I have the data and the SPSS regression, park test

Microeconomic, what is indirect utility function? what is indirect utility function?

Political problems of econometrics, kindly help in in doing the assignment kindly help in in doing the assignment

ADF max tes, What is the ADF max test? What is the ADF max test?