Conversations with Tyler Claudia Goldin on the Economics of Inequality
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Oct 6, 2021 Claudia Goldin, a Harvard economics professor and expert on income inequality and gender economics, shares her groundbreaking insights. She discusses the rise of female billionaires in China and contrasts it with the U.S. gender earnings gap, emphasizing the layers of complexity in achieving equity. Goldin explores marriage trends among those without college degrees, the unique wage dynamics for Black women, and the challenges within for-profit education. Her skepticism about happiness research and the evolving role of women in economic history are also compelling highlights.
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China's Female Billionaires
- China's female billionaire rise is linked to the communist revolution's liberation of women.
- However, high-level positions in China still appear male-dominated.
US Gender Earnings Gap
- The US gender earnings gap expanded between 1995 and 2008, especially for highly educated individuals.
- This expansion is largely attributed to increased inequality at the top.
Flexibility and Fixed Costs
- Workplace flexibility is crucial for gender pay equity.
- Firms with high fixed costs often demand more of their employees, hindering flexibility.
