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Gender Pay Gap across Cultures / Natasha Burns, Kristina Minnick, Jeffry Netter, Laura Starks.
- Format:
- Book
- Author/Creator:
- Burns, Natasha.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w30100.
- NBER working paper series no. w30100
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2022.
- Summary:
- We employ a cross-country sample to examine whether cultural differences help explain gender compensation variations across corporate executives. The results show that the cultural differences, which are embedded in societies from long prior to the compensation decisions, provide significant explanatory power to the observed gender gap in executive compensation. Using an Oaxaca-Blinder decomposition combined with variables that have previously been shown to be significant determinants of executive compensation, we find that adding cultural measures to the model increases the explanatory power from 44% to 95% of the gender compensation gap.
- Notes:
- June 2022.
- Print version record
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