Age, Period, and Cohort Effects in the Australian Gender Wage Gap: 2001 to 2021 - ONLINE ONLY
Date
From: Thursday April 18, 2024, 12:30 pm
To: Thursday April 18, 2024, 1:30 pm
Mustafa Kamal completed his PhD on the theme Wages in Australia: How much does gender matter? In this webinar, Mustafa will present Age, Period, and Cohort Effects in the Australian Gender Wage Gap: 2001 to 2021, the first of three papers from this research undertaken at the University of Tasmania between 2019 and 2023. This paper was co-authored with Angela Jackson and Paul Blacklow.
12.30 - 1.30pm Thursday 18 April 2024
Absract
The paper examines the effects of age, period and birth cohort on the Australian gender wage gap between 2001 and 2021. It employs proxy variables to produce simultaneous estimates of age, period and cohort effects while controlling for employment selection, and individual and market labour characteristics. We find significant age effects on the Australian gender wage gap, but no birth cohort effects and only slight period effects. The large observed differences in male-female wages in each birth cohort and period in Australia can largely be explained by changes in individual and market labour factors over time and across cohorts. Even though we control for individual correlated random effects and a range of human capital variables, we find that the gender wage gap is significant and rising with age, peaking at about 10% at age 40.
Mustafa Kamal completed his PhD at the University of Tasmania 2019-2023 under the supervision of Paul Blacklow, Hugh Sibly and Swee-Hoon Chua. Mustafa conducted three separate pieces of research under the general theme Wages in Australia: How much does gender matter? Two other papers published are:
Kamal, M., & Blacklow, P. (2022). “Attitudes and personality in the Australian gender wage gap”. Applied Economics, 54(47), 5442-5459. DOI: 10.1080/00036846.2022.2045000
Kamal, M., & Blacklow, P. (2023). “Self-control, risk aversion and the gender wage gap”. Applied Economics, 1-25. DOI: 10.1080/00036846.2023.2276085