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Pay and Job Rank among Academic Economists in the UK: Is Gender Relevant?
Author(s) -
Mumford Karen,
Sechel Cristina
Publication year - 2020
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/bjir.12468
Subject(s) - gender pay gap , rank (graph theory) , promotion (chess) , productivity , wage , demographic economics , labour economics , gender gap , economics , work (physics) , political science , economic growth , law , mathematics , engineering , combinatorics , politics , mechanical engineering
This article presents and explores a rich new data source to analyse the determinants of pay and job rank among academic economists in the UK. Characteristics associated with individual productivity and workplace features are found to be important determinants of the relative wage and promotion structure in this sector. However, there is also a substantial unexplained gender pay gap. Men are considerably more likely to work in higher paid job ranks where there are also substantial within‐rank gender pay gaps. We show that the nature of the gender pay gap has changed over the last two decades; but its size has not, suggesting a role for suitable policy intervention.