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SSRN-The Glass Cliff
SSRN-The Glass Cliff - Trends
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and as the "gender wage gap", the "gender earnings gap" and the "gender pay gap", is used by government agencies and economists to refer to statistics gathered by the U.S. Census Bureau , as part of the Current Population Survey , comparing median male wages to median female wages. The gender gap is usually expressed as the ratio of female to male earnings among full-time, year-round (FTYR) workers. For example, in 2004 the median income of FTYR male workers was $40,798, compared to $31,223 for FTYR female workers (DeNavas-Walt et al., 2005). 31,223 divided by 40,798 is 0.765, so the gender earnings ...
"You may not be interested in war," Trotsky once said, "but war is interested in you." Finance, too. Perhaps you are under the impression that banking, accounting and economics are perfectly understood by the bankers, accountants and economists. Or did this week cure you of that? If it didn't, next week might. Generals, too, deserve deference for their understanding of war. But not unlimited deference. I am not a banker, an accountant, or an economist. I am a computer programmer. My approach to financial engineering is to analyze it from the outside, taking ... Read More