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Quarterly Journal of Economics Vol. 133 No. 1 2018

Preference for the Workplace, Investment in Human Capital, and Gender*

Matthew Wiswall1; Basit Zafar2

1 University of Wisconsin, Madison and National Bureau of Economic Research · 2 Arizona State University

open access

Abstract

We use a hypothetical choice methodology to estimate preferences for workplace attributes from a sample of high-ability undergraduates attending a highly selective university. We estimate that women on average have a higher willingness to pay (WTP) for jobs with greater work flexibility and job stability, and men have a higher WTP for jobs with higher earnings growth. These job preferences relate to college major choices and to actual job choices reported in a follow-up survey four years after graduation. The gender differences in preferences explain at least a quarter of the early career gender wage gap.

DOI
10.1093/qje/qjx035
Volume
133
Issue
1
Pages
457-507
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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