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The gender pay gap refers to the median annual pay of all woman who work full-time and year-round, thus compared to the pay of a similar background of men. [77] There is not one reason behind this gender pay gap, rather the pay gap is a result of many factors that cannot be apparent to the general public.
In the article Human Capital Models and the Gender Pay Gap, Olson brings up the point that although there's argument that women are paid less than men because of their time-off away from work for family reasons, such as child-rearing, and unpaid house chores actually does not have an effect on women's salaries later in their career. Since this ...
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Gender research has heavily focused on the interaction between gender and the economy. Typically, research in this area involves the issue of the gender pay gap. Another aspect of gender research in economics is the less studied issue of gender-based price disparities in the cost of goods and services across different industries.
In addition, gender wage gap is a phenomenon of gender biases. That means women do the same job or work with their male counterpart, but they could not receive the same salary or opportunity at workforce. [4] Across the European Union, for example, since women continue to hold lower-paying jobs, they earn 13% less than men on average. According ...
Countries by Gender Inequality Index (Data from 2019, published in 2020). Red denotes more gender inequality, and green more equality. [1]The Gender Inequality Index (GII) is an index for the measurement of gender disparity that was introduced in the 2010 Human Development Report 20th anniversary edition by the United Nations Development Programme (UNDP).
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Gender inequality weakens women in many areas such as health, education, and business life. [1] Studies show the different experiences of genders across many domains including education, life expectancy, personality, interests, family life, careers, and political affiliation. Gender inequality is experienced differently across different cultures.