Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/106624 
Year of Publication: 
2013
Series/Report no.: 
IOS Working Papers No. 334
Publisher: 
Institut für Ost- und Südosteuropaforschung (IOS), Regensburg
Abstract: 
This paper exploits data from the German Socio-Economic Panel (SOEP) to re-examine the gender wage gap in Germany on the basis of inequality-adjusted measures of wage differentials which fully account for gender differences in pay distributions. The inequalityadjusted gender pay gap measures are significantly larger than suggested by standard indicators, especially in East Germany. Women appear penalized twice, with both lower mean wages and greater wage inequality. A hypothetical risky investment question collected in 2004 in the SOEP is used to estimate individual risk aversion parameters and benchmark the ranges of inequality-adjusted wage differentials measures.
Subjects: 
gender gap
wage differentials
wage inequality
expected utility
risk aversion
East andWest Germany
SOEP
Singh-Maddala distribution
copula-based selection model
JEL: 
D63
J31
J70
Document Type: 
Working Paper

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