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Inequality-adjusted gender wage differentials in Germany

Ekaterina Selezneva and Philippe Van Kerm
Authors registered in the RePEc Author Service: Ekaterina Skoglund

No 2013-18, LISER Working Paper Series from Luxembourg Institute of Socio-Economic Research (LISER)

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.

Keywords: gender gap; wage differentials; wage inequality; expected utility; risk aversion; East and West Germany; SOEP; Singh-Maddala distribution; copula-based selection model (search for similar items in EconPapers)
JEL-codes: D63 J31 J70 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2013-09
New Economics Papers: this item is included in nep-dem, nep-eur, nep-lab, nep-lma and nep-upt
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Working Paper: Inequality-Adjusted Gender Wage Differentials in Germany (2013) Downloads
Working Paper: Inequality-adjusted gender wage differentials in Germany (2013) Downloads
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