Does an Advanced Degree Reduce the Gender Wage Gap? Evidence from MBAs

Montgomery, Mark; Powell, Irene

doi:10.1111/1468-232x.00297

Cited by 40 publications

(34 citation statements)

References 39 publications

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“…There are 869 males and 650 females in the sample who enrolled in an MBA program by the last installment of the survey. 14 In the sample used for this study, MBA enrollment tends to occur before marriage, other studies using this survey, see Montgomery and Powell (2003) and Arcidiacono, Cooley, and Hussey (2008) . 11 According to data from the 2012 National Postsecondary Student Aid Study , 57% of MBA graduates borrowed for their graduate education in 2012, and the average amount per borrower was $38,700 ( http://trends.collegeboard.org/student-aid/figures-tables/ masters-degree-recipient-debt-percentage-average-borrowed-2011-12 [Accessed March 20, 2015]).…”

Section: Datamentioning

confidence: 99%

Student loans or marriage? A look at the highly educated

Gicheva

2016

Economics of Education Review

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Section: Datamentioning

confidence: 99%

Student loans or marriage? A look at the highly educated

Gicheva

2016

Economics of Education Review

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“…An Ethics dummy variable was constructed according to whether or not the individual believed that they "very much" possessed high ethical standards. 7 Also, following work by Montgomery and Powell (2003), we construct an aggregate measure of these self-reported possessed skills (not including their self-assessment of ethical standards). The resulting "skill index" allows for the control of ability and/or individual confidence.…”

Section: Datamentioning

confidence: 99%

The effect of ethics on labor market success: Evidence from MBAs

Hussey¹

2011

Journal of Economic Behavior & Organization

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“…In fact, about two thirds of the wage gap is due to differences in experience, occupational choice, and industry classification (Blau and Kahn, 2000). Lately, studies find that the gap may have narrowed not due to less discriminatory practices, but rather due to women's increased access to upper level education, and their increased desire to postpone family commitments to pursue careers (Montgomery and Powell, 2003). The importance of educational attainment is also established in Boushey and Cherry (2003), who find a larger wage growth for women in college-required jobs.…”

Section: Related Literaturementioning

confidence: 99%

The gender gap reloaded: Are school characteristics linked to labor market performance?

Konstantopoulos¹,

Constant²

2008

Social Science Research

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may AbstractThis study examines the wage gender gap of young adults in the 1970s, 1980s, and 2000 in the US. Using quantile regression we estimate the gender gap across the entire wage distribution. We also study the importance of high school characteristics in predicting future labor market performance. We conduct analyses for three major racial/ethnic groups in the US: Whites, Blacks, and Hispanics, employing data from two rich longitudinal studies: NLS and NELS. Our results indicate that while some school characteristics are positive and significant predictors of future wages for Whites, they are less so for the two minority groups. We find significant wage gender disparities favoring men across all three surveys in the 1970s, 1980s, and 2000. The wage gender gap is more pronounced in higher paid jobs (90 th quantile) for all groups, indicating the presence of a persistent and alarming "glass ceiling."JEL Codes: J16, J24, J31Keywords: wages, gender differences, school effects, quantile regression. 2The existence of gender differences in labor market outcomes, such as wages, has gained ample attention in economics and the social sciences. Gender differences in wages have been researched and documented, and frequently debated in the literature. It is an established fact that males earn substantially higher wages than females. There is some empirical evidence, however, that while the gender gap is decreasing over time due to women's increased labor force participation and experience, it remains strong across the entire wage distribution.The quality of the empirical evidence on gender differences in wages has not always been very strong for two main reasons. First, typically, the samples of various studies on gender differences in wages are not representative of a well-defined population. Many studies have used convenient samples, and it is plausible that the results obtained from such selected samples are biased (positively or negatively), and hence very different from their "true" population parameters. Second, various previous studies on gender differences in wages have typically examined and reported group differences in means (the central tendency of the distribution of wages). Gender differences in the extremes (e.g., upper and lower tails) of the wage distribution are only recently documented in the literature. Since it is likely that gender differences in the tails of the wage distribution may be different quali...

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Does an Advanced Degree Reduce the Gender Wage Gap? Evidence from MBAs

Cited by 40 publications

References 39 publications

Student loans or marriage? A look at the highly educated

Student loans or marriage? A look at the highly educated

The effect of ethics on labor market success: Evidence from MBAs

The gender gap reloaded: Are school characteristics linked to labor market performance?

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