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Unformatted text preview: industries.The evidence on the adverse employment effects from comparable-worth adjustments tends to be inconclusive. It should be kept in mind, however, that estimating the impact of such policy initiatives is extremely diffi-cult, especially given the other dramatic changes that are occurring simultaneously in the female labour market.This is especially the case since the policy ini-tiatives themselves may be a function of the policy problem they are designed to eliminate,and the initia-tives may be related to other unobservable factors that are the true cause of the changes in labour mar-ket behaviour. Such problems are not unique to these policy initiatives; they apply to estimating the impact of almost any social program....
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- Winter '11