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Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

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Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#2
Can someone explain to me what's wrong with this:

If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists.

In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#3

Can someone explain to me what's wrong with this: If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists. In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

It's difficult to get someone to understand something when it's in their interest not to.

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#5

Can someone explain to me what's wrong with this: If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists. In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

It's difficult to get someone to understand something when it's in their interest not to.

Please don't post unsubstantive comments here. All the juice has been squeezed out of that cliché a long time ago.

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#6

Can someone explain to me what's wrong with this: If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists. In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

Labor is not easily fungible and is difficult to treat as a commodity.

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#7

Can someone explain to me what's wrong with this: If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists. In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

I mean, you could have said the same about blacks in the decades between emancipation and the civil rights movement.

Certainly, there were some people who took advantage of those arbitrage opportunities to some extent. But in the case of anti-black racism, it truly was a case of human prejudice outweighing market incentives, for a very long time.

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#8

Can someone explain to me what's wrong with this: If women make $0.70 for every $1.00 a man makes, and women are underrepresented in many lucrative fields, then: an arbitrage opportunity necessarily exists. In other words, if there is systemic sexism, then there exists a profit opportunity for entrepreneurs to buy-up typical companies and replace expensive, scarce male labor with cheaper, less-scarce female labor.

Can you walk me through the acquisition process? I am getting lost at that point between “fire all the men” and “hire women with the appropriate experience.”

Re: Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators [pdf]

#10
TLDR:

> Mechanically, the earnings gap can be explained in our setting by the fact that men take 48% fewer unpaid hours off and work 83% more overtime hours per year than women. The reason for these differences is not that men and women face different choice sets in this job. Rather, it is that women have greater demand for workplace flexibility and lower demand for overtime work hours than men.

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