Shortchanged

Why Women Have Less Wealth and What Can Be Done About It

Nonfiction, Social & Cultural Studies, Social Science, Gender Studies, Business & Finance, Business Reference
Cover of the book Shortchanged by Mariko Lin Chang, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Mariko Lin Chang ISBN: 9780199798865
Publisher: Oxford University Press Publication: September 9, 2010
Imprint: Oxford University Press Language: English
Author: Mariko Lin Chang
ISBN: 9780199798865
Publisher: Oxford University Press
Publication: September 9, 2010
Imprint: Oxford University Press
Language: English

Women now receive more college degrees than men, and enter the workforce with better job opportunities than ever before. Indeed, the wage gap between men and women has never been smaller. So why does the typical woman have only 36 cents for every dollar of wealth owned by the typical man? How is it that never-married women working full-time have only 16% as much wealth as similarly situated men? And why do single mothers have only 8% of the wealth of single fathers? The first book to focus on the differences in wealth between women and men, Shortchanged is a compelling and accessible examination of why women struggle to accumulate assets, who has what, and why it matters. Mariko Lin Chang draws on the most comprehensive national data on wealth and on in-depth interviews to show how differences in earnings, in saving and investing, and, most important, the demands of care-giving all contribute to the gender-wealth gap. She argues that the current focus on equal pay and family-friendly workplace policies, although important, will not ultimately change or eliminate wealth inequalities. What Chang calls the "wealth escalator"--comprised of fringe benefits, the tax code, and government benefits--and the "debt anchor" must be the targets of policies aimed at strengthening women's financial resources. Chang proposes a number of practical suggestions to address the unequal burdens and consequences of care-giving, so that women who work just as hard as men will not be left standing in financial quicksand. A comprehensive portrait of where women and men stand with respect to wealth, Shortchanged not only sheds light on why women lack wealth, but also offers solutions for improving the financial situation of women, men, and families.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Women now receive more college degrees than men, and enter the workforce with better job opportunities than ever before. Indeed, the wage gap between men and women has never been smaller. So why does the typical woman have only 36 cents for every dollar of wealth owned by the typical man? How is it that never-married women working full-time have only 16% as much wealth as similarly situated men? And why do single mothers have only 8% of the wealth of single fathers? The first book to focus on the differences in wealth between women and men, Shortchanged is a compelling and accessible examination of why women struggle to accumulate assets, who has what, and why it matters. Mariko Lin Chang draws on the most comprehensive national data on wealth and on in-depth interviews to show how differences in earnings, in saving and investing, and, most important, the demands of care-giving all contribute to the gender-wealth gap. She argues that the current focus on equal pay and family-friendly workplace policies, although important, will not ultimately change or eliminate wealth inequalities. What Chang calls the "wealth escalator"--comprised of fringe benefits, the tax code, and government benefits--and the "debt anchor" must be the targets of policies aimed at strengthening women's financial resources. Chang proposes a number of practical suggestions to address the unequal burdens and consequences of care-giving, so that women who work just as hard as men will not be left standing in financial quicksand. A comprehensive portrait of where women and men stand with respect to wealth, Shortchanged not only sheds light on why women lack wealth, but also offers solutions for improving the financial situation of women, men, and families.

More books from Oxford University Press

Cover of the book Diary of the Dark Years, 1940-1944 by Mariko Lin Chang
Cover of the book Lógica jurídica en la argumentación by Mariko Lin Chang
Cover of the book The Oxford Handbook of Canadian Cinema by Mariko Lin Chang
Cover of the book A Political Theory for the Jewish People by Mariko Lin Chang
Cover of the book Living Religion by Mariko Lin Chang
Cover of the book Twentieth-Century America by Mariko Lin Chang
Cover of the book Power at Ground Zero by Mariko Lin Chang
Cover of the book Pragmatism: Oxford Bibliographies Online Research Guide by Mariko Lin Chang
Cover of the book The Oxford Handbook of Environmental Criminology by Mariko Lin Chang
Cover of the book Falling Behind : Explaining the Development Gap Between Latin America and the United States by Mariko Lin Chang
Cover of the book Modernist Islam, 1840-1940 by Mariko Lin Chang
Cover of the book The Deconstructed Church by Mariko Lin Chang
Cover of the book Microbial Phylogeny and Evolution by Mariko Lin Chang
Cover of the book The Swing Era by Mariko Lin Chang
Cover of the book The Mightie Frame by Mariko Lin Chang
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy