Scandinavian Working Papers in Economics
Working Paper Series,
IFAU - Institute for Evaluation of Labour Market and Education Policy
No 2020:16: Financial risk-taking and the gender wage gap
Per-Anders Edin () and Håkan Selin ()
Additional contact information
Per-Anders Edin: Department of Economics at Uppsala University, Postal: Department of Economics at Uppsala University, Sweden
Håkan Selin: IFAU - Institute for Evaluation of Labour Market and Education Policy, Postal: Institute for Evaluation of Labour Market and Education Policy, P O Box 513, SE-751 20 Uppsala, Sweden
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
54 pages, October 14, 2020
Full text files
wp-2020-16-financial...-gender-wage-gap.pdfFull text
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