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Freakonomics Radio
232. A New Nobel Laureate Explains the Gender Pay Gap (Replay)
Oct 10, 2023
Claudia Goldin, a Nobel laureate and Harvard economics professor, dives into the complexities of the gender pay gap. She reveals that the disparity isn't solely due to discrimination, exploring historical and societal factors instead. Goldin discusses how occupational choices and the need for workplace flexibility contribute to lower pay for women. She also highlights effective strategies for salary negotiation and emphasizes the need for diverse approaches to achieve gender equity in the workplace.
44:33
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Quick takeaways
- The gender pay gap is not solely due to discrimination, but also influenced by factors such as occupational segregation and differing career trajectories.
- Temporal flexibility in occupation choice contributes to the gender pay gap, as women often opt for jobs that offer more flexibility but lower salaries due to caregiving responsibilities and a desire for work-life balance.
Deep dives
Exploring the Gender Pay Gap and Women's Labor Market Outcomes
The podcast episode discusses the gender pay gap and women's labor market outcomes. It begins by mentioning the Nobel Memorial Prize in Economic Sciences awarded to Claudia Golden for her research on women's labor market outcomes. The episode highlights the misconceptions surrounding the gender pay gap and clarifies that women do not earn less for doing the same work as men. It explores factors such as occupational segregation, choices related to flexibility and caregiving, and differing career trajectories between men and women. The episode emphasizes the importance of considering nuance and the complexities of the gender pay gap when discussing potential solutions.
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