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Is the Glass Ceiling Cracking? A Simple Test

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Author Info

  • Hu, Ting

    ()
    (Tulane University)

  • Yun, Myeong-Su

    ()
    (Tulane University)

Abstract

It has been reported that there is dramatic increase of female workers into manager level jobs during last few decades in the US labor market. Using Standard & Poor’s Compustat ExecuComp database over 14 years (1992 - 2005), this paper examines whether the glass ceiling in the executive market has been substantially weakened measured by relative compensation by gender and female representation in the top rung of the executive market. Though the status of females in the executive market seems to have been improved, we cannot reject null hypothesis of no change when we test hypotheses whether the glass ceiling has significantly weakened. The results of the hypothesis tests suggest that there is still a long way ahead before gender equality is achieved and the glass ceiling is removed in the executive market.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3518.

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Length: 23 pages
Date of creation: May 2008
Date of revision:
Handle: RePEc:iza:izadps:dp3518

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Related research

Keywords: gender gap; executive compensation; glass ceiling; top rank; hypothesis test;

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  1. Marianne Bertrand & Kevin F. Hallock, 2001. "The Gender gap in top corporate jobs," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 55(1), pages 3-21, October.
  2. Francine D. Blau & Lawrence M. Kahn, 2000. "Gender Differences in Pay," NBER Working Papers 7732, National Bureau of Economic Research, Inc.
  3. Wolfers, Justin, 2006. "Diagnosing Discrimination: Stock Returns and CEO Gender," IZA Discussion Papers 1944, Institute for the Study of Labor (IZA).
  4. Joanne Healy Burress & Linda J. Zucca, 2004. "The Gender Equity Gap in Top Corporate Executive Positions," American Journal of Business, Emerald Group Publishing, vol. 19(1), pages 55-62.
  5. Bell, Linda A., 2005. "Women-Led Firms and the Gender Gap in Top Executive Jobs," IZA Discussion Papers 1689, Institute for the Study of Labor (IZA).
  6. Malkiel, Burton G & Malkiel, Judith A, 1973. "Male-Female Pay Differentials in Professional Employment," American Economic Review, American Economic Association, vol. 63(4), pages 693-705, September.
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