Wednesday, April 9, 2003

More about men, women, careers

With uncanny timing (given my recently revisiting the Maurren Dowd fiasco), I heard this story on NPR explaining:

Putting off marriage and babies until later in life significantly increases women's wages: It's an increasingly common dilemma for working women who want to have children: Do they have babies early on or wait until they can provide a better income for their family? Well, analysis by researchers at the St. Louis Federal Reserve Bank says that waiting has its benefits. Income dips less than one percent for women 28 and older after childbirth; it falls 4 percent for those women who have babies before then. While many women today are choosing to put off having a family until they're established in careers, the reality is they only have a 50 percent chance of getting pregnant when they’re 40.


Also, the press release says:

Studies have shown that men who have been married earn more than men who've never been married, a phenomenon known as the "male marriage wage premium." St. Louis Fed researcher Abbigail J. Chiodo and economist Michael T. Owyang first described the relationship between marriage and men's wages a year ago. They describe how, in contrast, marriage has little or no effect on women's wages, after taking into account individual characteristics such as education and experience. Indirect forces, however, such as children and household responsibilities do tend to affect a woman's lifetime earnings.


Here's the actual study.

I'm not particularly obssessed with this topic, just attuned to coincidence.

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