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We examine the effect of pay transparency on the gender pay gap and firm outcomes. Using a 2006 legislation change in Denmark that requires firms to provide gender-disaggregated wage statistics, detailed employee-employer administrative data, and difference-in-differences and difference-in-discontinuities designs, we find that the law reduces the gender pay gap, primarily by slowing wage growth for male employees. The gender pay gap declines by 2 percentage points, or 13% relative to the prelegislation mean. Despite the reduction of the overall wage bill, the wage transparency mandate does not affect firm profitability, likely because of the offsetting effect of reduced firm productivity.
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana (Koleksi Majalah) | 1 |
Penerbit | USA: The American Finance Association 2022 |
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Edisi | Volume 77, Issue 4, August 2022, Pages 2051-2091 |
Subjek | Pay Transparency Gender Pay |
ISBN/ISSN | 1540-6261 |
Klasifikasi | NONE |
Deskripsi Fisik | First published : 03 May 2022 |
Info Detail Spesifik | The Journal of Finance |
Other Version/Related | Tidak tersedia versi lain |
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