Labor markets segregate to reduce transaction costs of intergroup communication

Diversity in teams leads to greater team productivity due to communicating the same idea in different ways

Cultural differences increase trade and economic interactions

Diversity makes it easier to communicate within a team

Type of task: the task in Hoogendoorn et al. (2013) required more creativity than the task in Lyons (2017)

Dimension of diversity: Hoogendoorn et al. (2013) studied gender diversity, while Lyons (2017) studied nationality diversity

Language: subjects in Hoogendoorn et al. (2013) all spoke the same language while subjects in Lyons (2017) did not

Different timeline: the Lyons (2017) teamwork task was much shorter than Hoogendoorn et al. (2013)

More information about how to perform work tasks

More approaches to performing tasks

Greater trust in each other performing work tasks

More perspectives on how to perform tasks

women earn on average less than men 

that gender quotas are necessary to increase female representation in leadership positions 

there is systemic gender discrimination in the Australian labour market

there is unequal pay for equal work

Shareholder Sentiment

Cost of Capital

Cost of Labor

Productivity