Does Gender Equality in Managerial Positions Improve the Gender Wage Gap? Comparative Evidence from Europe

Lidia de Castro Romero (), Víctor Martín Barroso and Rosa Santero
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Lidia de Castro Romero: Department of Applied Economic I, Faculty of Economics and Business Sciences, Rey Juan Carlos University, 28032 Madrid, Spain
Víctor Martín Barroso: Department of Applied Economic I, Faculty of Economics and Business Sciences, Rey Juan Carlos University, 28032 Madrid, Spain

Economies, 2023, vol. 11, issue 12, 1-23

Abstract: In this paper, we analyse the impact of gender equality in managerial positions on wages and the gender wage gap in 22 European countries. We draw on the employer–employee microdata from the European Structure of Earnings Survey (E-SES) for the year 2018, which allows us to include firm fixed effects in our econometric specifications, thus controlling for both observed and unobserved heterogeneity at the firm level. The analysis is carried out not only at the mean but also across the wage distribution through unconditional quantile regressions. The results on the impact of gender equality in management on wages are mixed. However, we find that gender equality has a predominantly positive effect in the upper part of the wage distribution, and a negative effect in the middle and lower parts. The results on the impact on the gender wage gap show that in many cases, a more gender-equal management reduces the gender wage gap. Furthermore, gender equality in management reduces the gender wage gap mainly in the middle and lower part of the wage distribution.

Keywords: gender equality; management positions; wages; gender wage gap; quantile regression (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2023
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