According to (Organization for Economic Co-operation and Development) OECD the
pay gap that can be also called as gender wage gap is the difference between female and male
earnings. Gender wage gap is defined or expressed as a percentage of male earnings. In the
United States and Europe, in the past decade gender pay gap has not changed with the average
woman's earnings approximately 77% of those of an average man. The studies by Dickens and
Katz (1986) productivity of labor is closely linked to Wages. Rise in productivity acts as the
deciding factor for the expansion of the adoption of improved technology and as well as
capacity. The advanced technology implementation necessitates impart of training, recruitment
of skilled
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The
women in the United States and Europe are known as most free and liberated in the world history
but overall, women are paid 78 cents for every dollar paid to men, amounting to a yearly wage
gap of $10,761 between full-time working men and women. When women lose income, their
economic security and that of their families also gets diminished.
International Differences in the Gender Gap:
According To National Bureau of Economic Research the gender gap addresses a puzzle. The
relative qualifications of women`s in America are high compared to women in other countries
and the U.S. has a stronger and often longer commitment to antidiscrimination laws than most
industrialized nations, the United States has traditionally for a long period of time have been
among the countries with the largest gender gaps. The U.S. to nine other industrialized nations
were the results based after comparison (Belau and Kahn 1995 and Blau and Kahn 1996)
suggests that the resolution of this paradox, the lower ranking of U.S. lies in the enormous
importance explaining women of overall wage structure. That is, the gender gap in the U, S.