초록

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Abstract ▼ AI-Helper

As the wage gap between male and female workers in the Korean labor market has increasingly widened, the study attempted to empirically analyze the main factors by the way of decomposing such gender wage differentials. Compared with human capital theory, Becker"s discrimination theory efficiently he...

As the wage gap between male and female workers in the Korean labor market has increasingly widened, the study attempted to empirically analyze the main factors by the way of decomposing such gender wage differentials. Compared with human capital theory, Becker"s discrimination theory efficiently helps to understand why female workers experience wage differentials in the market. For this reason, the study employed decomposing wage differentials introduced by Oaxaca & Ransom(1994), making it possible to estimate the ratio of men"s premium and women"s penalty to productivity. In addition, sample selection and endogeneity problems were considered in terms of selection and ability bias. It was found that the lower educational level for women, the more increasing the ratio of discrimination in wage. Through using KLIPS, the wage discrimination ratio of highly educated female workers became smaller; vice versa for lower educated female workers. In particular, controlled for sample selection, the ratio of discrimination tended to rise on a large scale. The implication is that the government should pay more attention to the supply side of female labor force as well as its demand side.

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