Financial risk-taking and the gender wage gap

No 2020:16, Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy

Abstract: Could differences in risk attitudes explain parts of the gender wage gap? We present estimates on the association between labor market outcomes and financial risk-taking using individual level administrative data on individual wealth portfolios and wage rates. The individual’s share of risky to total financial assets i s significantly and positively associated with the wage rate. However, it turns out that our risk measure explains only a small part of the observed gender difference in wages.

Keywords: Wages; human capital; financial risk (search for similar items in EconPapers)
JEL-codes: D80 J31 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2020-10-14
New Economics Papers: this item is included in nep-gen and nep-lma
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Related works:
Journal Article: Financial Risk-Taking and the Gender Wage Gap (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ifauwp:2020_016

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