The Gender Wage Gap and Sample Selection via Risk Attitudes

Preprint OPEN
Jung , Seeun;
(2014)
  • Publisher: HAL CCSD
  • Subject: JEL: C - Mathematical and Quantitative Methods/C.C5 - Econometric Modeling/C.C5.C52 - Model Evaluation, Validation, and Selection | [SHS.ECO]Humanities and Social Sciences/Economics and Finance | Occupational Choice,Gender Wage Gap,Risk Preference,Selection Bias | JEL : J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J24 - Human Capital • Skills • Occupational Choice • Labor Productivity | Occupational Choice; Gender Wage Gap; Risk Preference; Selection Bias | Risk Preference | Selection Bias | [ SHS.ECO ] Humanities and Social Sciences/Economies and finances | JEL : C - Mathematical and Quantitative Methods/C.C5 - Econometric Modeling/C.C5.C52 - Model Evaluation, Validation, and Selection | JEL : D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D81 - Criteria for Decision-Making under Risk and Uncertainty | JEL: D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D81 - Criteria for Decision-Making under Risk and Uncertainty | Occupational Choice | JEL: J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J31 - Wage Level and Structure • Wage Differentials | Gender Wage Gap | JEL: J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J24 - Human Capital • Skills • Occupational Choice • Labor Productivity | JEL : J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J31 - Wage Level and Structure • Wage Differentials
    • jel: jel:J31 | jel:C52 | jel:D81 | jel:J24

This paper investigates a new way to estimate the gender wage gap with the introduction of individual risk attitudes using representative Korean data. We es- timate the wage gap with correction for the selection bias, which latter results in the overestimation of this w... View more
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