Perfect competition and an imperfect world: considerations on the gender wage gap in the light of Carl Menger's theory

Alicja Sielska

Chapter 9 in Mengerian Economics, 2023, pp 155-167 from Edward Elgar Publishing

Abstract: The neoclassical model of perfect competition offers an idealistic picture in which there should be no gender discrimination in the labor market. However, it is difficult to place hope in a model in which assumptions are detached from reality. However, similar conclusions can be drawn using Carl Menger’s considerations on the process of pricing of factors of productions i.e. employees with the same skills should earn the same, and discriminatory behavior of employers should be marginalized. The chapter has been divided into two main parts. The first describes the method of calculating the gender pay gap and the problem of possible discrimination on the supply side, i.e. on the basis of employees’ skills. In the second part - the demand side, i.e. the problem of prejudiced employers.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781035302895/9781035302895.00014.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22028_9

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().