Taking into account age, education, marital status, children, occupational specialization, work experience, and hours worked in a year reduced the pay gap between men and women by only 3 cents.

Question

Quizplus · Accepted Answer

This statement is true. A study by the National Bureau of Economic Research found that after controlling for various factors such as age, education, occupation, etc., the pay gap between men and women decreased by only 3 cents. This suggests that a large portion of the pay gap cannot be explained by differences in these factors and may be due to discrimination or other societal factors.

Taking into Account Age, Education, Marital Status, Children, Occupational Specialization