Gay men earn more than straight men, new study reveals
Gay men earn more than straight men, a new study has found.
For years, data has shown gay men earning an average of five to 10% less than their straight counterparts.
But researchers at Vanderbilt University in Tennessee have found that gay men have wiped out this deficit.
And even more than that, they now earn more than straight men.
Gay men across the country now earn on average 10 percent more than straight men who have a similar education, experience and job profile.
This is convenient for gay men and straight women, who ā according to a recent British study ā see money as one of the most attractive qualities in a potential partner.
Kitt Carpenter, an economics professor at Vanderbilt who co-authored the study, said the results ā taken from a large body of data ā were a shock.
The previous pay penalty which gay men suffered, he said, was āreplicated across numerous datasets in several different countriesā ā such as Canada, the UK and the US.
It was observed across different time periods, the professor added, and āseemingly did not budge.ā
One British study from 2014, for instance, found that gay men earn 9% less than straight men.
And another from earlier this year discovered that the earning gap between gay and straight men still stood at 5%.
Writing in the Harvard Business Review, the professor said: āWe went back through the published literature to see if we were making new or strange measurement or specification choices.
āWe were not.
āWe double and triple-checked the dataset for other patterns that would indicate some fundamental error or data problem.
āWe found none.ā
Professor Carpenter explained that he tried extra methods to give the data every chance to correct itself ā but it was already correct.
āWe subjected the gay male earnings premium to a host of extra tests to see if we could make the result go away,ā he wrote.
āWe could not.ā
The professor, who is also studying the effects of legal access to same-sex marriage in the US and Europe, conducted the study with a PhD student.
He said there was not yet enough data to work out why gay men earned more than straight men.
But Professor Carpenter suggested that, as the popular campaign suggests, maybe itās as simple as the idea that it gets better.
āOne interpretation of the literatureās near-universal prior finding of a gay male earnings penalty was that it was a consequence of labour market discrimination against gay men,ā he wrote.
āIf thatās the case, then, naturally, improved attitudes toward LGBTQ people would reduce this penalty.ā
He also said āa few patterns in the literature support this possibilityā.
