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Financial risk-taking and the gender wage gap

Per-Anders Edin and Håkan Selin ()
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Håkan Selin: IFAU - Institute for Evaluation of Labour Market and Education Policy, Postal: Institute for Evaluation of Labour Market and Education Policy, P O Box 513, SE-751 20 Uppsala, Sweden

No 2020:16, Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy

Abstract: Could differences in risk attitudes explain parts of the gender wage gap? We present estimates on the association between labor market outcomes and financial risk-taking using individual level administrative data on individual wealth portfolios and wage rates. The individual’s share of risky to total financial assets i s significantly and positively associated with the wage rate. However, it turns out that our risk measure explains only a small part of the observed gender difference in wages.

Keywords: Wages; human capital; financial risk (search for similar items in EconPapers)
JEL-codes: D80 J31 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2020-10-14
New Economics Papers: this item is included in nep-gen and nep-lma
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Journal Article: Financial Risk-Taking and the Gender Wage Gap (2022) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ifauwp:2020_016

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