Inequality-adjusted gender wage differentials in Germany.Authors: SELEZNEVA Ekaterina, VAN KERM Philippe.
Abstract: This paper exploits data from the German Socio-Economic Panel (SOEP) to re-examine the gender wage gap in Germany on the basis of inequality-adjusted measures of wage differentials which fully account for gender differences in pay distributions. The inequality-adjusted gender pay gap measures are significantly larger than suggested by standard indicators, especially in East Germany. Women appear penalized twice, with both lower mean wages and greater wage inequality. A hypothetical risky investment question collected in 2004 in the SOEP is used to estimate individual risk aversion parameters and benchmark the ranges of inequality-adjusted wage differentials measures.
Reference: SELEZNEVA Ekaterina, VAN KERM Philippe. Inequality-adjusted gender wage differentials in Germany. CEPS/INSTEAD, 2013, Working Papers n°2013-18, 28 p.Keywords:
JEL: D63, J31, J70.