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Byline: Natasha Lamb Over the past three months, the nation's four largest banks -- Bank of America, Wells Fargo, Citigroup and JPMorgan Chase -- as well as American Express have [...]

This article studies the role of reliability on the wage rate. Reliability is defined in the sense of showing up for scheduled work over an extended period. Just as reliability is an important determinant of product prices, a worker's reliability ought to be an important determinant of his or her wage. Moreover, while workers are not conveniently packaged by brand name, firms form expectations about reliability across identifiable groups of workers and thus effectively attach brand names to workers based on their observable characteristics. A worker's wage depends on his own track record and the reputation for reliability of his identifiable group. Using robust measures of reliability, I find that observed reliability and expected reliability substantially affect the wage rate and that about half of the gender wage gap can be explained by differences in expected reliability between men and women in the workforce.

Comparable worth has emerged as a major equal employment opportunity issue of the eighties. This issue is extremely controversial because it challenges traditional wage setting practices. What should be the [...]

ONE OF THE MOST profound changes in the United States -- indeed in most industrial societies -- over the last quarter century has been the steady decline in the participation [...]

From a purely practical standpoint, comparable worth is likely to prove a mixed blessing. Reduced to its essentials, comparable worth amounts to a policy of raising the cost of employing [...]

TOP investment bankers earn telephone-number salaries. Even their junior colleagues earn fat pay-cheques. Presumably, that is because they make hefty profits for their bank. Why, though, are their secretaries paid [...]

Women hold a meagre 1 per cent of executive positions in the 1,000 largest corporations based outside the United States. The proportion is higher, at 8 per cent, in the [...]

There may still be a few people living on Mars who think that pay equity is about men and women getting the same pay for the same job. In your [...]

A careful analysis of comparable worth as a national policy ideally should proceed by first defining the problem for which the concept of equal pay for different jobs of equal [...]

Conduct unbecoming Equal pay is an idea whose time has come. So why can't business accept it? How's this for a dose of logic? It's your annual job review and [...]