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The Gender Wage Gap as a Function of Educational Degree Choices in Greece

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Author Info
Pouliakas, Konstantinos
Livanos, Ilias

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Abstract

This study investigates the extent to which differences in the subject of degree studied by male and female university graduates contributes to the gender pay gap in Greece. The case of Greece is interesting as it is an EU country with historically large gender discrepancies in earnings and one of the highest levels of occupational gender segregation among OECD economies. Using micro-data from the most recently available waves (2000-2003) of the Greek Labour Force Survey (LFS), the returns to academic disciplines are firstly estimated by gender. It is found that the subjects in which women are relatively over-represented (e.g. Education, Humanities) are also those with the lowest amortization in terms of wage returns. Oaxaca-Blinder decompositions subsequently imply that gender differences in the type of degree studied can explain an additional 8.4% of the male-female pay gap in Greece. Risk-augmented earnings functions (Hartog, 2006) indicate that Greek women seek for less risky educations that consequently command lower wage premiums in the job market.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 14168.

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Date of creation: 14 Aug 2008
Date of revision: 19 Mar 2009
Handle: RePEc:pra:mprapa:14168

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Related research
Keywords: Gender wage gap; subject of degree; educational choices; returns; risk; Greece;

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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  7. Montmarquette, Claude & Cannings, Kathy & Mahseredjian, Sophie, 2002. "How do young people choose college majors?," Economics of Education Review, Elsevier, vol. 21(6), pages 543-556, December. [Downloadable!] (restricted)
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  8. Magoula, Theocharoula & Psacharopoulos, George, 1999. "Schooling and Monetary Rewards in Greece: An Over-Education False Alarm?," Applied Economics, Taylor and Francis Journals, vol. 31(12), pages 1589-97, December. [Downloadable!] (restricted)
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  10. Brown, Charles & Corcoran, Mary, 1997. "Sex-Based Differences in School Content and the Male-Female Wage Gap," Journal of Labor Economics, University of Chicago Press, vol. 15(3), pages 431-65, July. [Downloadable!] (restricted)
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  11. Oaxaca, Ronald L. & Ransom, Michael R., 1994. "On discrimination and the decomposition of wage differentials," Journal of Econometrics, Elsevier, vol. 61(1), pages 5-21, March. [Downloadable!] (restricted)
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  14. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352. [Downloadable!] (restricted)
  15. Eric Eide, 1994. "College Major Choice And Changes In The Gender Wage Gap," Contemporary Economic Policy, Western Economic Association International, vol. 12(2), pages 55-64, 04. [Downloadable!] (restricted)
  16. Altonji, Joseph G. & Blank, Rebecca M., 1999. "Race and gender in the labor market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 48, pages 3143-3259 Elsevier. [Downloadable!] (restricted)
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  17. Kanellopoulos, Costas N, 1997. "Public-Private Wage Differentials in Greece," Applied Economics, Taylor and Francis Journals, vol. 29(8), pages 1023-32, August. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Livanos, Ilias & Pouliakas, Konstantinos, 2009. "Wage Returns to University Disciplines in Greece: Are Greek Higher Education Degrees Trojan Horses?," MPRA Paper 14159, University Library of Munich, Germany, revised 21 Jul 2009. [Downloadable!]
    Other versions:
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