@techreport{9a2f867a52b542129bc13df05bb16f37,
title = "Inequality-adjusted gender wage differentials in Germany",
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 inequality-adjusted 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.",
keywords = "East and West Germany, SOEP, Singh-Maddala distribution, copula-based selection model, expected utility, gender gap, risk aversion, wage differentials, wage inequality",
author = "Ekaterina Selezneva and {Van Kerm}, Philippe",
year = "2013",
language = "English",
series = "Working Papers",
publisher = "CEPS/INSTEAD",
number = "2013-18",
type = "WorkingPaper",
institution = "CEPS/INSTEAD",
}