The Impact of Personality Traits on Wage Growth and the Gender Wage Gap PDF Download
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Author: Konrad Schäfer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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This paper considers the impact of personality traits on the change of the gender wage gap. Using data from the German Socioeconomic Panel (SOEP), we first explore how personality traits affect wage growth rates. Then, a decomposition analysis is performed to analyse the dynamic effects of personality traits on the change of the gender wage gap over time. Our empirical results indicate that gender differences in conscientiousness and emotional stability lead to a widening of the wage gap over time. By contrast, gender differences in extraversion lead to a narrowing of the wage gap over time.
Author: Konrad Schäfer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper considers the impact of personality traits on the change of the gender wage gap. Using data from the German Socioeconomic Panel (SOEP), we first explore how personality traits affect wage growth rates. Then, a decomposition analysis is performed to analyse the dynamic effects of personality traits on the change of the gender wage gap over time. Our empirical results indicate that gender differences in conscientiousness and emotional stability lead to a widening of the wage gap over time. By contrast, gender differences in extraversion lead to a narrowing of the wage gap over time.
Author: Sina Otten
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Using longitudinal data from the German Socio-Economic Panel (SOEP), this article examines whether gender wage differentials occur due to differences in prototypical personality traits of women and men and provides the first application of a gender wage gap decomposition on the basis of a correlated random effects model. Main results show that agreeableness and openness are the most important personality traits in explaining wages and wage differentials. Openness has a positive effect and agreeableness has a negative effect on earnings for men, while the opposite effects are found for women. Concerning the gender wage gap, analyses show that although gender differences in openness and agreeableness explain small parts of the gap, gender differences in the returns of agreeableness and openness are larger.
Author: Christopher J. Flinn
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Matthias Collischon
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author:
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ISBN:
Category :
Languages : en
Pages : 39
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Author: Susan L. Averett
Publisher: Oxford University Press
ISBN: 0190878266
Category : Business & Economics
Languages : en
Pages : 889
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Book Description
The transformation of women's lives over the past century is among the most significant and far-reaching of social and economic phenomena, affecting not only women but also their partners, children, and indeed nearly every person on the planet. In developed and developing countries alike, women are acquiring more education, marrying later, having fewer children, and spending a far greater amount of their adult lives in the labor force. Yet, because women remain the primary caregivers of children, issues such as work-life balance and the glass ceiling have given rise to critical policy discussions in the developed world. In developing countries, many women lack access to reproductive technology and are often relegated to jobs in the informal sector, where pay is variable and job security is weak. Considerable occupational segregation and stubborn gender pay gaps persist around the world. The Oxford Handbook of Women and the Economy is the first comprehensive collection of scholarly essays to address these issues using the powerful framework of economics. Each chapter, written by an acknowledged expert or team of experts, reviews the key trends, surveys the relevant economic theory, and summarizes and critiques the empirical research literature. By providing a clear-eyed view of what we know, what we do not know, and what the critical unanswered questions are, this Handbook provides an invaluable and wide-ranging examination of the many changes that have occurred in women's economic lives.
Author: Sarah Julie Cattan
Publisher:
ISBN: 9781267472328
Category :
Languages : en
Pages : 144
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This dissertation examines the role that psychological factors play in explaining the gender wage gap. To do so, I propose a methodology that extends the standard approach used in the literature interested in this question in three main dimensions. First, I rely on an economic model that captures multiple channels through which gender differences in traits can influence gender wage inequality. Second, I account for measurement error in the measures of psychological traits by using latent factor models. Third, I estimate entire counterfactual wage distributions in order to measure the contribution of gender differences in traits to the gender wage gap along the whole wage distribution instead of focusing on its mean. Implementing this methodology in the National Longitudinal Survey of Youth 1979, I find that gender differences in cognition and self-confidence explain a considerable fraction of the gender wage gap, with the majority of this effect being due to gender differences in self-confidence. Moreover, I establish evidence of substantial heterogeneity in the effect that gender gaps in psychological traits have on the gender wage gap along the wage distribution. In particular, gender gaps in self-confidence and, to a lesser extent, cognition explain a greater fraction of the gender wage gap at the top than at the bottom of the wage distribution. By comparing my estimates to those obtained from implementing two standard decomposition methods widely used in the gender wage gap literature, I show that failing to account for the heterogeneity of returns to traits across occupations and for measurement error in observed measures of traits leads to substantial biases in the analysis of the role that psychological factors play in explaining the gender wage gap.
Author: Sophie S. Galofaro
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
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Book Description
This study explored the relationships between various personality characteristics (i.e., locus of control, entitlement, agreeableness, and conscientiousness) and a variety of job-related attitudes and perceptions, as well as potential differences between men and women. Specifically, perceptions of the gender wage gap were assessed by examining wage gap beliefs, fairness of current compensation, satisfaction with initial wages, perceptions of job-related setbacks for mothers and fathers, optimism regarding upward mobility in one's organization, equity concerns, and willingness to advocate for higher wages. Findings indicated that aspects of personality were highly related to certain job-related perceptions and attitudes, although at times the direction of those relationships was surprising. Results and directions for future research are discussed.
Author: Frances Hamilton
Publisher: Taylor & Francis
ISBN: 1000991598
Category : Law
Languages : en
Pages : 217
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Book Description
Through interdisciplinary research, this book explores the continued cause of the significant gender pay gap that still exists in many countries today. This gap persists despite a wide range of measures having been introduced to protect women at work. Internationally varied approaches which have been attempted include prohibiting discrimination, maternity leave, maternity pay, health and safety protections for pregnant workers, tax breaks, childcare vouchers, shared parental leave, and gender pay gap reporting. This volume makes a significant and original contribution by tackling the topic through fresh historical and activist approaches, specific consideration of certain professions, and topical issues, such as the gig economy, treatment of carers post-coronavirus, and developing approaches to prosecuting pay equity claims. Our comparative approach interrogates how countries studied in this volume have had varying approaches and differing success in tackling this pervasive issue of the gender pay gap. Lessons to learn regarding policy reform are included in chapters from authors based not only in the UK but also in the United States, Australia, and the Republic of Ireland and fully developed in the conclusion.
Author: Hilary Metcalf
Publisher:
ISBN: 9781842060933
Category : Equal pay for equal work
Languages : en
Pages : 117
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