Marriage & Money: Economics Speaker Marina Adshade Talks Wage Penalties
As she explains in the interview, taking an economics-based approach allows her to make connections between the market and our relationships that may sometimes go overlooked. In her research, Adshade found that married women who take on their husband's last name tend to make lower wages than women with their own last name. "There's actually a wage penalty that goes with taking your husband's name, even after you control for things like education and how committed people are to the workforce and how many children they have," she says. When employers see that a woman has taken her husband's name, it suggests they are going to be starting a family eventually and may not be as committed to work. That's why those who still have their maiden names tend to be rewarded with a higher salary, as the employer believes that they will stay in the workforce longer.
In her book and her widely popular talks, Adshade shows audiences how economics can help explain the motivations behind our romantic relationships. And, more importantly, she makes it fun. She currently teaches at the Vancouver School of Economics at the University of British Columbia and is a regular contributor to the Globe and Mail and Canadian Business Magazine. With a signature blend of colourful storytelling, empirical evidence and hard data, Adshade answers our most burning questions about love, sex, and relationships—as well as some we have never even thought to ask.