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Investigating the Gender Wealth Gap Across Occupational Classes

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  • Nora Waitkus
  • Lara Minkus

Abstract

This study examines the role of occupational classes in the Gender Wealth Gap (GWG). Despite rising interest in gender differences in wealth, the central role of occupations in restricting and enabling its accumulation has been neglected thus far. Drawing on the German Socio-Economic Panel, this study employs quantile regressions and decomposition techniques. It finds explanatory power of occupational classes for the gender wealth gap, which exists despite accounting for other labor-market-relevant parameters, such as income, tenure, and full-time work experience at different points of the wealth distribution. Wealth gaps by gender vary between and within occupational classes. Particularly, women’s underrepresentation among the self-employed and overrepresentation among sociocultural professions explain the GWG in Germany. The study thus adds another dimension of stratification – occupational class – to the discussion on the gendered distribution of wealth.

Suggested Citation

  • Nora Waitkus & Lara Minkus, 2021. "Investigating the Gender Wealth Gap Across Occupational Classes," Feminist Economics, Taylor & Francis Journals, vol. 27(4), pages 114-147, October.
    • Handle: RePEc:taf:femeco:v:27:y:2021:i:4:p:114-147
    DOI: 10.1080/13545701.2021.1973059
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    Citations

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    Cited by:

    1. Waitkus, Nora & Savage, Mike & Toft, Maren, 2024. "Wealth and class analysis: exploitation, closure and exclusion," LSE Research Online Documents on Economics 124534, London School of Economics and Political Science, LSE Library.
    2. Philipp M. Lersch & Emanuela Struffolino & Agnese Vitali, 2022. "Wealth in Couples: Introduction to the Special Issue," European Journal of Population, Springer;European Association for Population Studies, vol. 38(4), pages 623-641, October.
    3. Nicolas Frémeaux & Marion Leturcq, 2022. "Wealth Accumulation and the Gender Wealth Gap Across Couples’ Legal Statuses and Matrimonial Property Regimes in France," European Journal of Population, Springer;European Association for Population Studies, vol. 38(4), pages 643-679, October.
    4. LoRiggio, Tessa & Morris, Todd, 2024. "The Gender Wealth Gap near Retirement in Canada," IZA Policy Papers 207, Institute of Labor Economics (IZA).
    5. Tisch, Daria & Schechtl, Manuel, 2023. "The Gender (Tax) Gap in Parental Transfers. Evidence from Administrative Inheritance and Gift Tax Data," SocArXiv kfetw, Center for Open Science.
    6. Oaxaca, Ronald L. & Sierminska, Eva, 2023. "Oaxaca-Blinder Meets Kitagawa: What Is the Link?," IZA Discussion Papers 16188, Institute of Labor Economics (IZA).
    7. Ines Heck & Anna Hornykewycz & Jakob Kapeller & Rafael Wildauer, 2024. "Vermögensverteilung in Österreich: eine Analyse auf Basis des HFCS 2021/22," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 255, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    8. Waitkus, Nora & Savage, Mike & Toft, Maren, 2024. "Wealth and class analysis: exploitation, closure and exclusion," LSE Research Online Documents on Economics 124635, London School of Economics and Political Science, LSE Library.

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