This paper studies how investment and production in an economy is allocated across sectors when they face asymmetric financial conditions. Namely, when investors in one sector may run projects with higher loan-to-values than in another sector. Investors decide where to invest based on total...

This thesis aims to accomplish four goals. First, to establish the extent to which a gender wage gap exists in the American workforce and why it matters. Second, it seeks to explore the various factors that scholars have advanced as potential explanations for this gap with the aim of identifying...

The author uses longitudinal data to study the effects of industry growth and decline on wage changes between 1976 and 2001. He finds that over this period, workers who were initially in industries that subsequently expanded enjoyed faster wage growth than other workers. Moreover, wage growth...

In this paper we first explore the effects of differences in labor market institutions and the degree of market liberalization on the size and composition of gender wages gaps in China's urban labor markets. We use enterprise-ownership type, enterprise age, and workers' methods of finding...

According to the glass ceiling hypothesis evidenced in developed countries, there existlarger gender pay gaps at the upper tail of the wage distribution. In this paper, we investigate therelevance of a glass ceiling effect in Morocco using a matched worker-firm data set of more than8000...

This paper examined the male-female differentials in hourly earnings in Russia from 1996 to 2002. The gender wage gap did not alter significantly in the earlier years, a period characterized by economic instability, but as the economy recovered, the differential in earnings increased initially....