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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