Arbeitspapier

Financial risk-taking and the gender wage gap

Could differences in risk attitudes explain parts of the gender wage gap? We present estimates on the association between labor market outcomes and financial risk-taking using individual level administrative data on individual wealth portfolios and wage rates. The individual's share of risky to total financial assets i s significantly and positively associated with the wage rate. However, it turns out that our risk measure explains only a small part of the observed gender difference in wages.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2020:16

Classification
Wirtschaft
Wage Level and Structure; Wage Differentials
Subject
Wages
human capital
financial risk

Event
Geistige Schöpfung
(who)
Edin, Per-Anders
Selin, Håkan
Event
Veröffentlichung
(who)
Institute for Evaluation of Labour Market and Education Policy (IFAU)
(where)
Uppsala
(when)
2020

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Edin, Per-Anders
  • Selin, Håkan
  • Institute for Evaluation of Labour Market and Education Policy (IFAU)

Time of origin

  • 2020

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