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We document three new facts about gender differences in executive compensation. First, female executives receive lower share of incentive pay in total compensation relative to males. This difference accounts for 93% of the gender gap in total pay. Second, the compensation of female executives...
Persistent link: https://www.econbiz.de/10011201363
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283390
Gender wage and employment gaps are negatively correlated across countries. We argue that non-random selection of women into work explains an important part of such correlation and thus of the observed variation in wage gaps. The idea is that, if women who are employed tend to have relatively...
Persistent link: https://www.econbiz.de/10005123624
This paper explores the hypothesis that gender wage differentials arise from the interaction between the intra-household allocation of labour and the contractual relation between firms and workers in the presence of private information on workers’ labour market attachment. In our model, if...
Persistent link: https://www.econbiz.de/10005661843
Until the early decades of the 20th century, women spent more than 60% of their prime-age years either pregnant or nursing. Since then, the introduction of infant formula reduced women's comparative advantage in infant care, by providing an effective breast milk substitute. In addition, improved...
Persistent link: https://www.econbiz.de/10005666426