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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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