Austerity and gender wage inequality in EU countries

Cristiano Perugini, Jelena Žarković Rakić and Marko Vladisavljevic

MPRA Paper from University Library of Munich, Germany

Abstract: The great recession, and the countercyclical responses by European governments that followed, triggered an extensive wave of fiscal adjustments. The implementation of these austerity measures, although underpinned by a widespread consensus, underwent severe criticism. While their effects on output and employment have been extensively investigated, their impacts on wage inequality have received relatively less attention. In this paper we focus on the consequences of austerity measures on gender wage inequalities. After having described the literature-based conceptual framework of our analysis, we provide empirical evidence on the effects of austerity measures on: (i) the adjusted gender wage gap; and (ii) the patterns of gender horizontal segregation. The analysis covers the group of EU-28 countries in the years from 2010 to 2013. Results show that austerity measures (both tax-based and expenditure-based) impacted significantly on various sides of gender wage inequality, putting at risk the relatively little progress achieved in Europe so far.

Keywords: austerity; gender wage inequality; gender segregation; EU-28 (search for similar items in EconPapers)
JEL-codes: E62 J16 J31 O52 (search for similar items in EconPapers)
Date: 2016-12-23
New Economics Papers: this item is included in nep-eec, nep-gen, nep-hme, nep-lma and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:76306

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