Scandinavian Working Papers in Economics
Working Papers,
University of Aarhus, Aarhus School of Business, Department of Economics
No 01-4: Gender Differences in Managerial Compensation - Evidences from Denmark
Mette Lausten ()
Additional contact information
Mette Lausten: Institute of Local Government Studies,, Postal: Nyropsgade 37, 1602 Copenhagen V, Denmark
Abstract: 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.
Keywords: Managerial compensation; Gender wage gap; Corporate governance
27 pages, January 1, 2001
Full text files
01-4_ml.pdf
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