Gender Wage Gap at the Top, Job Inflexibility and Product Market Competition
Fredrik Heyman (),
Pehr-Johan Norbäck () and
No 1169, Working Paper Series from Research Institute of Industrial Economics
Research show that women are disadvantaged in inflexible occupations. We show that this will imply that female managers are on average more skilled than male managers. Due to the higher hurdles faced by women, only the most skilled among them will pursue a management career. This implies that female managers will, on average, be more beneficial for the firm when product market competition is intense. Using detailed matched employee-employer data, we find that (i) more intense product market competition leads to relatively higher wages for female managers and (ii) the share of female managers is higher in firms in more competitive industries.
Keywords: Career; Gender wage-gap; Job inflexibility; Management; Competition (search for similar items in EconPapers)
JEL-codes: J70 L20 M50 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-com, nep-gen and nep-lma
Date: 2017-05-15, Revised 2018-07-12
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Working Paper: Gender Wage Gap at the Top, Job Inflexibility and Product Market Competition (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:1169
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