Solomon W. Polachek

For most countries, women's labor force participation and hours of work has risen while men's have fallen. Concomitantly, men's and women's wages and occupational structures have been converging. This volume contains new and innovative research on issues related to gender convergence in the labor market. Topics include patterns in lifetime work, earnings and human capital investment, the gender wage gap, gender complementarities, career progression, the gender composition of top management and the role of parental leave policies. Among the questions answered are: Do the levels of and returns to human capital change over the last 50 years in the US? Can the shorter fecundity horizon for females (a biological constraint) explain the division of labor in the home and the resulting wage gap? Does skill-biased technological change favor women's wages more than men's? Do care sector jobs incur a wage penalty? What impact does this have on firm and employee outcomes? Does the glass-ceiling faced by women in top management relate to fertility and parental leave policies and having children? And finally, are men and women complements or substitutes in the labor market?

The Economics of Earnings analyses the wages that people earn, the jobs they do, and the labour market laws and rules within which they operate. Moving away from the conventional emphasis on point-in-time one-period decisions, it stresses informed worker choice over the life-cycle - the human capital approach. Within this framework, the book synthesises research results so as to point the way to better labour market policies. Government policy is often directed towards labour market issues such as education subsidies, training programmes, health and safety laws, and employment protection laws. By using models based on informed worker choice - the supply side - this book will assist concerned individuals in government, industry and academic study to evaluate and improve labour market policies and practices.