Comment on California passes law requiring companies to post salary ranges on job listingsparentComments−bennysomething4yTo (probabl mis) quote the Economist magazine, when adjusted for other variables the gender pay gap disappears.−nulbyte4yWhat are those other variables? They could point to other problems. For example, if adjusting for experience eliminates the gap, wages might be driven down for a group of folks due to a lack of opportunities to gain that experience.−schemester4yHours worked, career selection. In short there is no arbitrage to be found and employers aren’t leaving money on the table.
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To (probabl mis) quote the Economist magazine, when adjusted for other variables the gender pay gap disappears.
What are those other variables? They could point to other problems. For example, if adjusting for experience eliminates the gap, wages might be driven down for a group of folks due to a lack of opportunities to gain that experience.
Hours worked, career selection. In short there is no arbitrage to be found and employers aren’t leaving money on the table.