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Human Capital and Glass Ceiling: Quantile Regression Decomposition of Gender Pay Gap in Korean Labor Market

§ Pusan National University

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Human Capital and Glass Ceiling: Quantile Regression Decomposition of Gender Pay Gap in Korean Labor Market

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Abstract

Conventional estimation methods on analyzing gender pay gap focus on comparing the earnings premium and gender inequality from the view of mean earnings distribution, highlighting human capital factors (e.g. education attainment, career training). However, mean distribution analysis do not reflect the whole perspective of gender earnings. Therefore, in our study, we adopt quantile regression estimation method to measure the impact of human capital (e.g. returns to education) and other social characteristics factors on wage. In addition, Melly2006 wage decomposition method is employed to reveal the pattern of gender earnings gap through overall distributions. We verified the evidence of ‘glass ceiling effect’ phenomenon in Korean labor market. The finds of our study also imply the female’s returns to education are higher than male, and the magnitude is even higher for upper earnings distribution. Furthermore, the estimation results of conditional and unconditional quantile regression present the differential of human capital variables occupy a big part of the explanatory on gender wage gap.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

HongYe Sun. 2015. "Human Capital and Glass Ceiling: Quantile Regression Decomposition of Gender Pay Gap in Korean Labor Market". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 15 (GJHSS Volume 15 Issue 46 (E7)).

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
Classification
GJHSS-E Classification JEL Code: C21
D31
I24
Version of record
v1.2

Issue date
September 7, 2015

Language
English
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Human Capital and Glass Ceiling: Quantile Regression Decomposition of Gender Pay Gap in Korean Labor Market

HongYe Sun
HongYe Sun Pusan National University