"Women faculty earn less than men do, even after controlling for an array of individual characteristics and disciplinary labor market conditions and structural characteristics. As previous research has suggested, simply controlling for human capital greatly reduces the wage gap. In the uncontrolled model, females earned approximately 22% less than did males. After including controls for experience, seniority, research productivity, teaching, and education, the wage gap dropped to slightly less than 8%. Labor market effects reduced the gap even further to 6.8%. However, the 6.8% gap found in the final models is not trivial and translates to approximately $5,400 in annual salary." Source: American Educational Research Association
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