Investigating the gender wealth gap across occupational classes

Nora Waitkus and Lara Minkus

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This study examines the role of occupational class in the Gender Wealth Gap (GWG). Despite rising interest in gender differences in wealth, the central role of occupations in restricting and enabling its accumulation has received less scrutiny thus far. Drawing on the German Socio-economic Panel, we employ quantile regressions and decomposition techniques. We find explanatory power of occupational class for the gender wealth gap, which operates despite accounting for other labour-market-relevant parameters, such as income, tenure, and full-time work experience at all points of the wealth distribution. Wealth gaps by gender vary between and within occupational classes. Particularly, women's under-representation among the self-employed and over-representation among socio-cultural professions explain the GWG. Our study thus adds another dimension of stratification - occupational class - to the discussion of the gendered distribution of wealth.

Keywords: gender wealth gap; inequality; gender; wealth; occupational class (search for similar items in EconPapers)
JEL-codes: J01 N0 R14 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2021-01
New Economics Papers: this item is included in nep-eur, nep-gen, nep-his and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:108206

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