This is a past event
"Sorting Inequality with Gender-Specific Credit Constraints"
Abstract: Three of the most well-documented facts of US wage inequality concern the rising education premium, the increasing experience premium and the narrowing gender wage gap. Before the 1974 Equal Credit Opportunity Act, access to credit was much costlier for women. More recently credit extended and allowed primarily women who were previously constrained to acquire skills, generating a better allocation of talent in education. This theory suggests that equalising borrowing opportunities for men and women, decreases inequality between genders, while it also increases inequality within gender by boosting the wage gap between different education and experience groups for both sexes.
- Speaker
- Dr.Theodore Koutmeridis, St Andrews University
- Hosted by
- Dr Yu Aoki, Business School
- Venue
- S86, Edward Wright Building