Working Paper: NBER ID: w24215
Authors: Daniel S. Hamermesh
Abstract: Using Current Population Survey data, I demonstrate a 15-percentage point wage disadvantage among academics compared to all other doctorate-holders with the same demographics. Time-diary data show that academics’ work hours are distributed more evenly over the week and day, although their total workweeks are equally long. This smoother distribution of work time accounts for as much as one-third of the wage disadvantage. Survey data (of economists only) indicate that flexible scheduling is an attraction, but only fourth among the characteristics of academic life.
Keywords: No keywords provided
JEL Codes: J31; J33; J44
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Work time distribution (J29) | Wage gap (J31) |
| Flexibility in scheduling (J22) | Job satisfaction (J28) |
| Being an academic (J44) | Wage disadvantages (J31) |
| Demographic differences (J11) | Wage disadvantage (J31) |