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Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 16936
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
Can the demographic trends of increased life expectancy and decreasing birth rates, along with the labor market patterns of returns to human capital investment and changes in real hourly earnings, account for changes in women's and men's lifetime earnings? Using a Vector Error Correction Model to analyze annual US CPS data from 1964 to 2019, we find patterns linking these factors and demonstrating that they have significant roles to women's lifetime earnings but not to men's. These findings are consistent with the convergence of gender earning gap has occurred mainly due to women's responses to changing demographic and socioeconomic factors.
Schlagwörter: 
life expectancy
lifetime earnings
human capital investment
VECM
JEL: 
J3
J16
J24
Dokumentart: 
Working Paper

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