multidisciplinary essay

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Lower earnings of women during 1955 to 2007 can be explained by the human capital model. Human capital model is defined as a stock of competencies, knowledge, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value. Reasons that could be the reason why women earned lower earnings then men could be the female’s characteristics, job characteristics, occupational crowding, discrimination and the devaluing women throughout society. Lower earnings for women can also be from having less experience due to breaks in their labor force participation for childbearing and other reasons because higher earnings are typically related with who has more experience.
In human capital gender differences accounted for 33 percent of the total gender gap. Contributing factors would be women pursuing education, job training, occupational distribution, nondiscriminatory hiring and retention efforts, and higher unionization rate. The union improved low skilled women’s wages. Investing in human capital at a young age...

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