The Graphic Representation of the Laws of Supply and Demand, and Their Application to Labour

Jenkin, Fleeming; Colvin, Sidney; Ewing, J. A.; Stevenson, Robert Louis

doi:10.1017/cbo9781107051225.002

Cited by 4 publications

(6 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…As a result, high-potential women-defined as women with the abilities needed to reach the upper echelons of organizations-are in high demand. Consistent with the tenets of supply and demand (Jenkin, 1870;Marshall, 1890), we theorize that these conditions create a female premium, such that women earn higher pay than men, all else being equal, but only among high-potential employees.…”

supporting

confidence: 54%

Why and When Does the Gender Gap Reverse? Diversity Goals and the Pay Premium for High Potential Women

Leslie

Manchester

Dahm

2017

AMJ

144

136

View full text Add to dashboard Cite

Abundant research has documented a gender pay gap; women earn less than men, all else being equal. Against the backdrop of an overall female penalty, we propose that the widespread adoption of diversity goals in organizations creates a female premium for certain women. We integrate the economic principle of supply and demand with theory from the field of strategic human resource management and theorize that individuals perceive high-potential women-who have the abilities needed to reach the upper echelons of organizations, where women remain underrepresented-as more valuable for achieving organizational diversity goals than high-potential men and, in turn, reward them with higher pay. Two field studies (Studies 1 and 3) and two laboratory experiments (Studies 2 and 4) reveal a female premium that is unique to high-potential women (Studies 1 and 2), driven by perceptions that high-potential women have more diversity value than high-potential men (Studies 2 and 4), and larger in contexts where diversity goals are stronger (Studies 3 and 4). Our theory and findings challenge the assumption that the gender pay gap uniformly disadvantages women and offer new insight into why and when the female penalty reverses and becomes a female premium. A strange thing began to happen a couple of years ago. As if the stars had simultaneously aligned in my favor, rather than having to ask, I began receiving [pay] increases that were 3-4 times the standard annual rates. In addition to my regular bonus, I received "special" cash and equity incentives from the company's operating committee and Board of Directors. Soon, executives from external companies began calling and attempting to recruit me to their firms. I honestly wondered what "list" my name was on and how that list had ended up in the hands of this many executives at the same time. I have always delivered strong business results, but the intense focus that companies now have on "diversity" and "gender balance" is definitely working in my favor.

show abstract

supporting

confidence: 54%

Why and When Does the Gender Gap Reverse? Diversity Goals and the Pay Premium for High Potential Women

Leslie

Manchester

Dahm

2017

AMJ

144

136

View full text Add to dashboard Cite

show abstract

“…It shows the parabolic output ,as taxes imposed tends to parabolic increasing characteristics [17], positive raising characteristics taxes imposed and negative decaying characteristics [6] shows that taxes decline as good does not exist. This is shown up by violet line in Fig.…”

Section: Taxes Imposedmentioning

confidence: 97%

“…Shows the exact parabolic raising characteristics if demand is positive and time is also positive the curve shows the rising positive pattern and increase in supply [6], If demand is positive and time is negative it is helpful in demand forecasting and helpful in setting production aim. This is shown up by the blue line in Fig.…”

Section: Quantity Supplied As Per Demandmentioning

confidence: 99%

“…The graph depicts an increase [6] (that is, right-shift) in demand fro m D 1 to D 2 where (D 1 <D 2 ) along with the consequent increase in price and quantity required to reach a new equilibriu m point [6] on the supply curve (S) [7].…”

Section: Introductionmentioning

confidence: 99%

“…In addition, purchasing power fro m the price decline increases ability to buy (the inco me effect). Other factors can change demand; for examp le an increase in inco me will shift the demand curve for a normal good outward relative to the origin [6].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Effect of Supply and Demand in Controlling GDP Using Matlab Programming

Aswal¹,

Ram²,

Singh³

2013

M2ECONOMICS

View full text Add to dashboard Cite

Prices and quantities have been described as the most directly observable attributes of goods produced and exchanged in a market economy. The theory of supply and demand is an o rganizing princip le for explaining how prices coordinate the amounts produced and consumed. In microeconomics, it applies to price and output determination for a market with perfect co mpetition, which includes the condition of no buyers or sellers large enough to have a price-setting power. In this paper we analy ze, the definit ion of non-linearizat ion between the part ial derivative (money, taxes, and quantity) is concluded to a set-point, which is optimized of all the three major part ial derivatives governing the constraint of any economy by using Matlab programming.

show abstract

Thornton's criticism of equilibrium theory and Mill

Negishi¹

1986

History of Political Economy

View full text Add to dashboard Cite

The Graphic Representation of the Laws of Supply and Demand, and Their Application to Labour

Cited by 4 publications

References 0 publications

Why and When Does the Gender Gap Reverse? Diversity Goals and the Pay Premium for High Potential Women

Why and When Does the Gender Gap Reverse? Diversity Goals and the Pay Premium for High Potential Women

Effect of Supply and Demand in Controlling GDP Using Matlab Programming

Thornton's criticism of equilibrium theory and Mill

Contact Info

Product

Resources

About