Budig, Michelle J.; Lim, Misun; Hodges, Melissa J. - In: Social Science Research 98 (2021), pp. --
the racial pay gaps, but none of the gender pay gaps. Random effects models test for race and gender differences in the … wage returns to education. Men of both races receive higher wage returns relative to women, while black women receive lower … attainment would reduce racial pay gaps, whereas equalizing wage returns to education would reduce gender pay disparities …