Will Women Earn More Than Men?
“Will the average earnings of women begin before long to exceed that of men after being so far behind in the past?” Nobel Laureate Gary Becker on women’s propensity for education.
“Although the average earnings of full time women have not yet overtaken that of full time men, as we ahve shown the gender earnings gap has narrowed substantially. Indeed, in about 30% of all American households with two earners, wives are already earnings more than their husbands. Moreover, if the gender gap in education continues to widen, it may not be long before the average earnings of fulltime women does exceed that of men. This would mark a culmination of a remarkable reversal of the gender gap not only in education but also in earnings.”