nep-sog New Economics Papers
on Sociology of Economics
Issue of 2022‒05‒30
two papers chosen by
Jonas Holmström
Axventure AB

  1. Diferenciales salariales de género y sus determinantes para el personal académico en propiedad en la Universidad de Costa Rica. (Gender wage differentials and its determinants for tenured academics at Universidad de Costa Rica) By Laura C. Blanco
  2. Milton Friedman’s Empirical Approach to Economics. Searching for Scientific Authority while Shaping the University of Chicago Economics Department By Espinel, Camila Orozco

  1. By: Laura C. Blanco (Universidad de Costa Rica)
    Abstract: Gender wage differentials for the tenured academic personnel at Universidad de Costa Rica are estimated using administrative datasets. Men’s average gross hourly wages are 7.8% higher than that of women, which is lower than the gender wage differential observed in the Costa Rican labor market for graduates. The gender wage differential for academics is completely explained, mainly by differences associated with human capital accumulation and research. Women have a lower probability than men of having a Ph.D. and of having studied at a top university. Since ascending the academic ladder is dependent on research, these characteristics are associated with women reporting less publications at the same time that their work is less valued by the institution.
    Keywords: gender wage differential, academia, human capital, publications, academic rank.
    Date: 2022–05
  2. By: Espinel, Camila Orozco
    Abstract: Milton Friedman is usually presented as an economist characterized by his empirical approach to economics. His binary classification of economics into positive means and normative ends relies on the empirical content of predictions. Throughout his career, he used extensive, data-based statistical techniques. While important scholarly attention has been devoted to Friedman’s academic and political trajectories, his methodological prescriptions, and the development of economics at the University of Chicago, we know much less about the interplay of these elements. This paper proposes an intertwined reading of them. My aim is threefold. First, to understand Friedman’s work and methodological choices, I relate his empirical approach to his early training in statistics. Second, I articulate Friedman’s understanding of economics as an empirical policy science to the process of building the image of economists as neutral advisers in the policymaking process. Third, I claim that Friedman’s empirical methodological framework, developed while in the Economics Department of the University of Chicago, established the guidelines for an institutional long-term project that shaped it.
    Date: 2022–04–09

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