TY  - RPRT
        AU  - Morchio, Iacopo
AU  - Moser, Christian
        TI  - The Gender Pay Gap: Micro Sources and Macro Consequences
        PY  - 2023/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16409
        UR  - https://www.iza.org/publications/dp16409
        AB  - Using linked employer-employee data from Brazil, we document a large gender pay gap due to women working at lower-paying employers with better nonpay attributes. To interpret these facts, we develop an equilibrium search model with endogenous firm pay, amenities, and hiring. We provide a constructive proof of identification of all model parameters. The estimated model suggests that amenities are important for both men and women, that compensating differentials explain half of the gender pay gap, and that there are significant output and welfare gains from eliminating gender differences. However, equal-treatment policies fail to achieve those gains.
        KW  - wage inequality
KW  - amenities
KW  - equilibrium search model
KW  - linked employer-employee data
KW  - compensating differentials
KW  - taste-based discrimination
KW  - monopsony power
        ER  -