Gender Differences in Managerial Compensation - Evidences from Denmark
This paper examines the gender earnings gap at the executive level on a unique data set of Danish executives in the period 1992-1995. Ordinary wage equations show that the wage gap disappears when controlling for “Who you are”, “Where you work” and “What you do”. Additionally, decomposition into inter- and intra-occupational differences shows that two thirds of the wage gap are due to differences between occupations. Individual-specific characteristics contribute negatively to the wage gap, i.e. in favour of women. Decomposing by real authority level shows a larger unexplained part of the wage gap. Real authority is more discriminating than formal authority.
|Date of creation:||01 Jan 2001|
|Contact details of provider:|| Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark|
Phone: +45 89 486396
Fax: +45 8615 5175
Web page: http://www.asb.dk/departments/nat.aspx
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- Gubta, Nabanita Datta & Oaxaca, Ronald L. & Smith, Nina, 2002. "Swimming Upstream, Floating Downstream: Trends in the U.S. and Danish Gender Wage Gaps," CLS Working Papers 01-6, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research.
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- Nabanita Datta Gupta & Donna S. Rothstein, 2005.
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"Formal and Real Authority in Organizations,"
95-8, Massachusetts Institute of Technology (MIT), Department of Economics.
- Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Scholarly Articles 4554125, Harvard University Department of Economics.
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"Gender Differences in Pay,"
Journal of Economic Perspectives,
American Economic Association, vol. 14(4), pages 75-99, Fall.
- Lausten, M., 1998. "CEO Turnover, Firm Performance and Corporate Governance," Papers 98-10, Aarhus School of Business - Department of Economics.
- Miller, Paul W, 1987. "The Wage Effect of the Occupational Segregation of Women in Britain," Economic Journal, Royal Economic Society, vol. 97(388), pages 885-96, December.
- Murphy, Kevin J., 1999. "Executive compensation," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 38, pages 2485-2563 Elsevier.
- Marianne Bertrand & Kevin F. Hallock, 2000. "The Gender Gap in Top Corporate Jobs," NBER Working Papers 7931, National Bureau of Economic Research, Inc.
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