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Analysis the
Components of the Gender Pay Gap in the UK: What are the Main
Components of the Gender Pay Gap, and to What Extent do they Contribute
to this Inequality?
12,000
words – 60 pages in length
Excellent
literature review
Excellent
use of economics and data analysis models: Oaxaca
Decomposition, Multi Collinearity, Chow Test, Ramsey RESET, Jarque
Bera and Hetroskedasticity
Ideal
for any Economics student
Outstanding
piece of work
What
is the size of the gender pay gap in the
UK? What are the main components which contribute to this gap? There
have been
various changes in gender relations and labour market structure, all of
which
have affected the pay gap. Increase in women’s educational
attainment,
anti-discrimination legislation and changes in women’s
attitudes towards work
have all caused the gap to narrow in recent years. The Oaxaca
decomposition of
the gender pay gap distinguishes between components that attribute to
gender
differences in productivity related characteristics and a residual
component
which is normally recognised as discrimination. This study of data from
the
British labour survey shows there is a gender pay gap of approximately
14.8% of
which much is attributed to uneven distribution of sexes in
occupational and
industrial sectors. However it is concluded that it is misleading to
assume
occupational and industrial sectors as productivity-related
characteristics,
nonetheless they are components which contribute to the overall gender
pay gap.
1.
Introduction
2.
Background and Stylised Facts
3.
Theoretical Background
Supply-side
factors
Demand-side
factors
Occupational
segregation
Discrimination
4.
Literature Review
Human
capital
Social
reproduction
Monophony
and Firm size
Compensating
wage
differentials and part-time work
Occupational
segregation
Discrimination
5.
Data and Findings
Sample
selection issues
6.
Variables and Hypotheses
Dependant
variable
Explanatory
variables
Employment
Labour
market and industry
Occupational
segregation
Household
and Demographics
Female
and Female
interaction variables
7.
Methodology
OLS-Regression
and its
limitations
Criticisms
of the
Oaxaca-Blinder decomposition
8.
Econometric Results and Analysis
Regression
Overview
Decomposition
overview
Findings
for individual
variables
9.
Conclusion
Bibliograpghy
Appendices
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