clear from research
on corporate leadership that a glass ceiling prevents many women from occupying
top executive or CEO positions.
recent article, we find that the glass ceiling is far more extensive than previous literature finds: women are not just
excluded from top leadership positions, but rather they are excluded from
nearly all top income positions regardless of occupation. We also find that
progress on this front has been stalled for the last twenty years.
Women pay a wage penalty when they become mothers, earning
percent less than equally qualified childless women.
Five percent may not seem like much, but over the course of
their lives, mothers will lose well over $100,000 in wages – money that could
have been spent on a modest home, their children’s
college education, or over ten years
This is bad news for those who care about mothers, children,
In a recent study, I asked whether the wage penalty had declined over the past few decades. Are mothers’ lives—at least in terms of their earnings—improving? Are we, in fact, witnessing a trend toward equality? The answers were, unfortunately, mixed. Some have done better, and others have done worse.
schools—and their products, MBAs—really matter?
Business school professors often lament that business education has no impact on the real world—that they waste their energy debating esoteric theories that nobody outside the academy pays attention to. But at the same time, business school critics claim that through excessive risk-taking and profit-maximizing at any cost, MBAs drove the economy into the financial crisis and the great recession a decade ago.
recent study, we examined how much business schools really matter. Does
business school education really shape students’ minds and behaviors many years
later, when they have reached top positions at major corporations and financial
explore this question by looking at how CEOs engage in diversifying
acquisitions over the last three decades. We chose to study corporate
diversification because business professors dramatically changed their views
about it during the period under study. This allows us to see how the business
school curriculum impacted students.
Research has demonstrated a dramatic rise of income
inequality in the West. Today, across advanced capitalist countries, the top ten
percent of households take home about a third of all
income and own two-thirds
of all wealth.
Despite what scholars, journalists and some politicians
consider a worrying trend, there is no evidence that people have grown more
concerned about inequality. In fact, citizens of more unequal societies are
less concerned than those in egalitarian societies. How to make sense of this
Recently, the United Nations’ Climate Change
Conference in Poland, the U.S. National Climate Assessment Report, and severe
forest fires, hurricanes and winter storms have called attention to just how
devastating climate change already is and will continue to be. Yet, what these events
often fail to highlight is who benefits from this devastation. Understanding that
piece of the puzzle is critical for building better policy approaches to
One of the most tangible effects of climate change in the United States is the mounting cost and frequency of high-impact natural hazards. In 2018 alone, mudslides engulfed large segments of Montecito, Hurricane Florence flooded a large swath of the Carolinas, Hurricane Michael destroyed communities along the Gulf coast, and California experienced some of the most destructive wildfires in history. These are just some of the most widely known events. Hundreds of other natural hazards caused millions more in damage and loss of life across the country.
R&D employees moving from one
employer to another is a frequent, yet controversial event. On the one hand, inventor
mobility has been shown to have a positive effect on overall innovative
activity. On the aggregate level, the fast development of new technologies in
regional clusters such as Silicon Valley is driven by dynamic labor markets and
high turnover rates of engineers, programmers, or developers. On the firm-level,
learning-by-hiring is a fast and efficient way to acquire external knowledge.
From the perspective a firm that loses
key employees, outbound mobility, on the other hand, creates costs of finding
suitable replacements and is associated with the risk of losing not only
employees but also crucial knowledge. Knowledge that potentially is employed by
the hiring firm to compete in related markets. Recent media coverage has
revealed a number of lawsuits caused by one firm’s R&D employees moving to
a competitor in industries ranging from semiconductors and mobile phones to
pharmaceuticals and autonomous-driving vehicles.
Work in Progress is a project of the American Sociological Association's Sections on Organizations, Occupations, and Work, Economic Sociology, Labor and Labor Movements, and Inequality, Poverty, and Mobility