Arbeitspapier

Gender differences in the labor market effects of the dollar

Although the dollar has been shown to influence the expected wages of workers, the analysis to date has focused on the male workforce. We show that exchange rate fluctuations also have important implications for women's wages. The dominant wage effects for women—like those for men—arise at times of job transition. Changes in the value of the dollar can cause the wage gap between women who change jobs and women who stay on in their jobs to expand or contract sharply, with the most pronounced effects occurring among the least educated women and women in highly competitive manufacturing industries. In addition, it appears that women who stay on in their jobs show greater wage sensitivity to currency movements than do their male counterparts.

Sprache
Englisch

Erschienen in
Series: Staff Report ; No. 121

Klassifikation
Wirtschaft
Foreign Exchange
Wages, Compensation, and Labor Costs: General
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Thema
Wages
Labor market
Dollar, American
Foreign exchange
Wechselkursrisiko
Fraueneinkommen
USA

Ereignis
Geistige Schöpfung
(wer)
Goldberg, Linda
Tracy, Joseph
Ereignis
Veröffentlichung
(wer)
Federal Reserve Bank of New York
(wo)
New York, NY
(wann)
2001

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Goldberg, Linda
  • Tracy, Joseph
  • Federal Reserve Bank of New York

Entstanden

  • 2001

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