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Gender wage gaps and economic crisis in Greece.

Authors :
Agiomirgianakis, George
Bertsatos, Georgios
Tsounis, Nicholas
Source :
International Review of Applied Economics; Mar2019, Vol. 33 Issue 2, p254-276, 23p, 4 Charts, 14 Graphs
Publication Year :
2019

Abstract

We examine gender wage gap (GWG) in Greece for 2013, by using a survey data set. Our findings show first, that the unadjusted GWG is 15.3%, while European Commission reports a value of 15%. Secondly, we derive the 'adjusted' GWG, using the Oaxaca and Ransom (OR) and the Juhn, Murphy and Pierce (JMP) methods to be ranging from 10% to 13.6%. Thirdly, looking into the behaviour of the full population, we find a decreasing trend for the discrimination effects, an increasing trend for the residuals effects and a 'random' endowments effects while moving to higher deciles. These three effects are associated to the economic crisis 2008-2015. Fourthly, our findings do not show evidence of either a 'glass ceiling' effect or a 'sticky floor' effect. Finally, that there is strong evidence that investing in higher education reduces the wage discrimination between sexes. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02692171
Volume :
33
Issue :
2
Database :
Complementary Index
Journal :
International Review of Applied Economics
Publication Type :
Academic Journal
Accession number :
135206316
Full Text :
https://doi.org/10.1080/02692171.2018.1485633