Gender Differences: Difference between revisions

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==Gender Differences==
==Female vs Male Behavior in the Labor Market==
Men and women are observed to react in a different way to changes in wages. For men, substitution and income effects offset each other, while for women, substitution effect outweighs the income effect. In general though, we assume that substitution effect dominates the economic behavior of people. In this project, we are going to analyze the causes, effects and consequences of this generalization.
[ http://www.ihhotel.com/press/working_woman.jpg ]

Revision as of 01:57, 4 May 2006