Recent work examining a constructed hourly wage measure indicates gender earnings equality among US physicians. Yet, physicians are not typically paid by the hour and the constructed measure fails to capture the true influence of hours worked and presents a fallacy of composition. When the earnings specification replaces the constructed wage measure with annual earnings or is modified to properly include hours worked, earnings equality vanishes and large gender differentials reappear.
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Bashaw et al. (2001) studied this question.
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