Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/60562
Authors: 
Goldberg, Linda
Tracy, Joseph
Year of Publication: 
2001
Series/Report no.: 
Staff Report, Federal Reserve Bank of New York 121
Abstract: 
Although the dollar has been shown to influence the expected wages of workers, the analysis to date has focused on the male workforce. We show that exchange rate fluctuations also have important implications for women's wages. The dominant wage effects for women—like those for men—arise at times of job transition. Changes in the value of the dollar can cause the wage gap between women who change jobs and women who stay on in their jobs to expand or contract sharply, with the most pronounced effects occurring among the least educated women and women in highly competitive manufacturing industries. In addition, it appears that women who stay on in their jobs show greater wage sensitivity to currency movements than do their male counterparts.
Subjects: 
Wages
Labor market
Dollar, American
Foreign exchange
JEL: 
F31
F3
F4
J30
E24
Document Type: 
Working Paper

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