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The Gender Gap in Pensions and Wages

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  • Even, William E
  • Macpherson, David A

Abstract

This study provides rationale for the underrepresentation of women in the pension sector and examines the consequences for the gender wage gap. For a given set of observed characteristics, a woman is 11-19 percent less likely than a man to have a pension. Of the unexplained portion of the gender wage gap, 10-38 percent is due to unexplained differences in pension coverage. Finally, consistent with a screening effect of pensions, women are paid more equally in the pension sector. Copyright 1990 by MIT Press.

Suggested Citation

  • Even, William E & Macpherson, David A, 1990. "The Gender Gap in Pensions and Wages," The Review of Economics and Statistics, MIT Press, vol. 72(2), pages 259-265, May.
  • Handle: RePEc:tpr:restat:v:72:y:1990:i:2:p:259-65
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    Citations

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    Cited by:

    1. Andrietti, Vincenzo, 2000. "Occupational pension coverage in the European Union. An empirical analysis," ISER Working Paper Series 2000-14, Institute for Social and Economic Research.
    2. Morissette, Rene & Ostrovsky, Yuri, 2008. "How Do Families and Unattached Individuals Respond to Layoffs? Evidence from Canada," Analytical Studies Branch Research Paper Series 2008304e, Statistics Canada, Analytical Studies Branch.
    3. Leora Friedberg & Michael T. Owyang, 2004. "Explaining the evolution of pension structure and job tenure," Working Papers 2002-022, Federal Reserve Bank of St. Louis.
    4. Barrientos, Armando, 1998. "Pension reform, personal pensions and gender differences in pension coverage," World Development, Elsevier, vol. 26(1), pages 125-137, January.
    5. Haynes, Jonathan B. & Sessions, John G., 2013. "Work now, pay later? An empirical analysis of the pension–pay trade off," Economic Modelling, Elsevier, vol. 30(C), pages 835-843.
    6. Zou, Tieding & Ye, Hang, 2013. "公平与效率对养老改革的双重约束——延迟退休?还是并轨?
      [Fairness and Efficiency were the Double Constraints of Pension Reform——Delay Retirement ? or Incorporation ?]
      ," MPRA Paper 60895, University Library of Munich, Germany, revised 05 Jan 2014.
    7. Malene Kallestrup-Lamb, 2011. "The Role of the Spouse in Early Retirement Decisions for Older Workers," CREATES Research Papers 2011-38, Department of Economics and Business Economics, Aarhus University.
    8. Ippolito, Richard A, 1996. "A Study of Wages and Reliability," Journal of Law and Economics, University of Chicago Press, vol. 39(1), pages 149-189, April.
    9. Kathleen M. McGarry & Andrew Davenport, 1998. "Pensions and the Distribution of Wealth," NBER Chapters,in: Frontiers in the Economics of Aging, pages 463-486 National Bureau of Economic Research, Inc.
    10. Yogo, Urbain Thierry & Mallaye, Douzounet, 2012. "Health Aid and Health Improvement in Sub Saharan Africa," MPRA Paper 44938, University Library of Munich, Germany.
    11. Maria Letizia Zanier & Isabella Crespi, 2015. "Facing the Gender Gap in Aging: Italian Women’s Pension in the European Context," Social Sciences, MDPI, Open Access Journal, vol. 4(4), pages 1-22, November.
    12. Janet Currie, 1993. "Gender Gaps in Benefits Coverage," NBER Working Papers 4265, National Bureau of Economic Research, Inc.
    13. repec:eee:labchp:v:3:y:1999:i:pc:p:3143-3259 is not listed on IDEAS
    14. Montgomery, Edward & Shaw, Kathryn, 1997. "Pensions and Wage Premia," Economic Inquiry, Western Economic Association International, vol. 35(3), pages 510-522, July.
    15. Granqvist, Lena & Selén, Jan & Ståhlberg, Ann-Charlotte, 2002. "Mandatory Earnings-Related Insurance Rights, Human Capital and the Gender Earnings Gap in Sweden," Working Paper Series 179, Trade Union Institute for Economic Research.
    16. Robert L. Clark & Joseph F. Quinn, 1999. "Effects of Pensions on Labor Markets and Retirement," Boston College Working Papers in Economics 431, Boston College Department of Economics.
    17. Dahl, Svenn-Åge & Nilsen, Øivind Anti & Vaage, Kjell, 2002. "Gender Differences in Early Retirement Behaviour," Working Papers in Economics 02/02, University of Bergen, Department of Economics.
    18. Morissette, Rene & Ostrovsky, Yuri, 2008. "Comment les familles et les personnes seules reagissent-elles aux licenciements? Un eclairage canadien," Direction des etudes analytiques : documents de recherche 2008304f, Statistics Canada, Direction des etudes analytiques.
    19. Kayam, Saime S. & Parkın, Mehmet Koray & Çeliktopuz, Merih, 2013. "Features that influence the exit decision from the private pension system in Turkey," MPRA Paper 50933, University Library of Munich, Germany.

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