2 ms·

The census data does not show a reduction in salary commensurate to the increase in labor supply in the 1970's USA. https://hbr.org/2018/01/when-more-women-joi

• naasking 9y ago
  The HBR article says that wages increase commensurate with women entering a market. Assuming I'm reading it correctly, I'm not sure the causal implication you and the article subtly imply is justified. This appears to be a correlation given the article keeps saying "associated with", so it seems equally plausible that women are entering fields where wages are already rising. The article speculates a lot on why and how the reverse implication might be true, but all of the problems with explaining that implication simply don't exist if you flip it.
• cma 9y ago
  Demand for some services does go up (daycare is a prominent example). And since we do important/export it isn't a completely closed loop system like I made it out to be. But another point is healthcare expenditure increases have outpaced inflation dramatically in that period (women today make up ~80% of healthcare workers). And a final point is in the same period that women's labor force participation rate went up, men's went down a massive amount, so you wouldn't expect the full effect of increased female supply: https://cdn2.vox-cdn.com/assets/4599519/fredgraph__3_.png https://cdn2.vox-cdn.com/assets/4599519/fredgraph__3_.png