labor economics

Model Perspective

Oct 9, 2023 · Fundamentals

Unpacking Gender Wage Gaps: Oaxaca‑Blinder, Regression & Simulated Data

This article reviews Claudia Goldin’s Nobel‑winning research on gender wage disparities, explaining the Oaxaca‑Blinder decomposition, multiple linear regression, and mean‑difference models, and demonstrates their application with a synthetic dataset and Python code to illustrate how education, experience, and gender affect wages.