44th Congress of the European Regional Science Association: "Regions and Fiscal Federalism", 25th - 29th August 2004, Porto, Portugal
This paper studies gender wage differentials among top managers in the Portuguese economy. The objective is to investigate whether men and women within the same occupational group, with relatively high levels of human capital, and who are evaluated basically on their performance, are treated unequally in relation to pay. The Oaxaca wage differential decomposition method is used, relying on 1999 micro data gathered by the Portuguese Ministry of Social Security and Employment. The main findings indicate that a substantial portion of the wage gap between male and female top managers in Portugal is explained by wage discrimination.