New research from Yale indicates that while the gender pay gap has been closing for decades, progress has nearly stalled since the mid-1990s — and women aren't benefiting from the incremental improvements. That's according to a working paper led by Jaime Arellano-Bover, a lecturer of economics at the Yale School of Management. However, by the late '90s and early 2000s, the pay gap among young workers stopped narrowing. Meanwhile, the research suggests that the retirement of older workers with wider gaps is the sole contributor to decreasing the gender pay gap overall. The study's findings challenge the assumptions that the narrowing gender pay gap is the result of better career opportunities for women, Arellano-Bover says.

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Persons: Jaime Arellano, That's, Arellano, Bover, Rather Organizations: Yale, Yale School of Management, Census, National Women's Law, Arellano, Bover, CNBC