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Table 1 Estimates of wage elasticity of labor supply and implied pay gaps

From: Measuring links between labor monopsony and the gender pay gap in Brazil

 

Model

 

(1)

(2)

(3)

(4)

 

No firm controls

With firm controls

Individual frailties

Firm frailties

Parameter

Male

Female

Male

Female

Male

Female

Male

Female

(a) β e

−0.652

−0.306

−0.595

−0.133

−0.609

−0.143

−0.463

−0.182

 

(.035)

(.048)

(.037)

(.05)

(.038)

(.052)

(.041)

(.055)

(b) β ne

−1.000

−0.759

−0.935

−0.634

−1.097

−0.681

−0.826

−0.618

 

(.006)

(.008)

(.006)

(.008)

(.007)

(.01)

(.007)

(.01)

(c) θ

0.020

0.018

0.020

0.018

0.020

0.018

0.020

0.018

(d) ε l,w

1.985

1.502

1.856

1.25

2.175

1.342

1.638

1.22

 

(.022)

(.03)

(.025)

(.032)

(.052)

(.071)

(.054)

(.074)

Gender diff. p value

0.000

 

0.000

 

0.000

 

0.000

 

(e) ε-implied pay gap

0.108

.

0.170

.

0.195

.

0.130

.

 

(.01)

.

(.014)

.

(.058)

.

(.069)

.

  1. Source: Brazilian RAIS, 1998–2001. Standard errors in parentheses. N=8,145,107
  2. Asterisks denote levels of significance: * p<0.05 and ** p<0.01