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dc.contributor.authorDoorley, Karinaen_US
dc.contributor.authorSierminska, Evaen_US
dc.date.accessioned2012-07-10en_US
dc.date.accessioned2012-09-14T11:05:53Z-
dc.date.available2012-09-14T11:05:53Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/62417-
dc.description.abstractWe apply an innovative technique to allow for differential effects of physical appearance and self-confidence across the wage distribution, as traditional methods can confound opposing effects at either end of the wage distribution. Comparing the effects of beauty and confidence measures in two countries (Germany and Luxembourg), we find that wages are more driven by looks than self-esteem. Counterfactual wage distributions, constructed using distribution regression, show a beauty premium for women at the bottom of the wage distribution. However, most of this is explained by the fact that attractive women have better labor market attributes than their unattractive counterparts. We find a large wage premium for attractive men throughout the wage distribution which is largely unexplained by labor market attributes. There is a small wage penalty for self-confident individuals, particularly men, although their labor market characteristics are generally better than their less confident counterparts. We show that the difference in characteristics between beautiful and plain people contributes to the beauty premium identified using traditional models, particularly for women. Isolating the characteristic effect from the unexplained effect of beauty on wages leads to smaller beauty premium for women.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6674en_US
dc.subject.jelD31en_US
dc.subject.jelJ24en_US
dc.subject.jelJ30en_US
dc.subject.jelJ70en_US
dc.subject.ddc330en_US
dc.subject.keywordwagesen_US
dc.subject.keyworddistributionen_US
dc.subject.keywordphysical appearanceen_US
dc.subject.keyworddiscriminationen_US
dc.subject.stwLohndifferenzierungen_US
dc.subject.stwMenschenen_US
dc.subject.stwPersönlichkeitspsychologieen_US
dc.subject.stwDeutschlanden_US
dc.subject.stwLuxemburgen_US
dc.titleMyth or fact? The beauty premium across the wage distributionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn719123593en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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