Projections of the future path of the gender wage gap in Great Britain
Author(s) -
Michael Shan,
Michael P. Kidd
Publication year - 2005
Publication title -
international journal of manpower
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.435
H-Index - 58
eISSN - 1758-6577
pISSN - 0143-7720
DOI - 10.1108/01437720510609546
Subject(s) - wage , human capital , economics , educational attainment , originality , wage growth , demographic economics , labour economics , convergence (economics) , distribution (mathematics) , value (mathematics) , order (exchange) , career path , gender gap , sociology , economic growth , management , social science , qualitative research , mathematical analysis , mathematics , finance , machine learning , computer science
Purpose – The paper attempts to project the future trend of the gender wage gap in Great Britain up to 2031. \ud\udDesign/methodology/approach – The empirical analysis utilises the British Household Panel Study Wave F together with Office for National Statistics (ONS) demographic projections. The methodology combines the ONS projections with assumptions relating to the evolution of educational attainment in order to project the future distribution of human capital skills and consequently the future size of the gender wage gap. \ud\udFindings – The analysis suggests that gender wage convergence will be slow, with little female progress by 2031 unless there is a large rise in returns to female experience. \ud\udOriginality/value – The paper has projected the pattern of male and female skill acquisition together with the associated trend in wages up to 2031
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