Gender differences in wage expectations.

Using an own survey on wage expectations among students at two Swiss institutions of higher education, we examine the wage expectations of our respondents along two main lines. First, we investigate the rationality of wage expectations by comparing average expected wages from our sample with those o...

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Autores principales:	Ana Fernandes, Martin Huber, Giannina Vaccaro
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/387bc9520da64affb61625b8d9093452
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spelling	oai:doaj.org-article:387bc9520da64affb61625b8d90934522021-12-02T20:05:24ZGender differences in wage expectations.1932-620310.1371/journal.pone.0250892https://doaj.org/article/387bc9520da64affb61625b8d90934522021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0250892https://doaj.org/toc/1932-6203Using an own survey on wage expectations among students at two Swiss institutions of higher education, we examine the wage expectations of our respondents along two main lines. First, we investigate the rationality of wage expectations by comparing average expected wages from our sample with those of similar graduates; further, we examine how our respondents revise their expectations when provided information about actual wages. Second, using causal mediation analysis, we test whether the consideration of a rich set of personal and professional controls, inclusive of preferences on family formation and number of children in addition to professional preferences, accounts for the difference in wage expectations across genders. Results suggest that both males and females overestimate their wages compared to actual ones and that males respond in an overconfident manner to information about realized wages. Personal mediators alone cannot explain the indirect effect of gender on wage expectations; however, when combined with professional mediators, this results in a quantitatively large reduction in the unexplained effect of gender on wage expectations. Nonetheless, a non-negligible and statistically significant direct (or unexplained) effect of gender on wage expectations remains in several, but not all specifications.Ana FernandesMartin HuberGiannina VaccaroPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 6, p e0250892 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Ana Fernandes Martin Huber Giannina Vaccaro Gender differences in wage expectations.
description	Using an own survey on wage expectations among students at two Swiss institutions of higher education, we examine the wage expectations of our respondents along two main lines. First, we investigate the rationality of wage expectations by comparing average expected wages from our sample with those of similar graduates; further, we examine how our respondents revise their expectations when provided information about actual wages. Second, using causal mediation analysis, we test whether the consideration of a rich set of personal and professional controls, inclusive of preferences on family formation and number of children in addition to professional preferences, accounts for the difference in wage expectations across genders. Results suggest that both males and females overestimate their wages compared to actual ones and that males respond in an overconfident manner to information about realized wages. Personal mediators alone cannot explain the indirect effect of gender on wage expectations; however, when combined with professional mediators, this results in a quantitatively large reduction in the unexplained effect of gender on wage expectations. Nonetheless, a non-negligible and statistically significant direct (or unexplained) effect of gender on wage expectations remains in several, but not all specifications.
format	article
author	Ana Fernandes Martin Huber Giannina Vaccaro
author_facet	Ana Fernandes Martin Huber Giannina Vaccaro
author_sort	Ana Fernandes
title	Gender differences in wage expectations.
title_short	Gender differences in wage expectations.
title_full	Gender differences in wage expectations.
title_fullStr	Gender differences in wage expectations.
title_full_unstemmed	Gender differences in wage expectations.
title_sort	gender differences in wage expectations.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/387bc9520da64affb61625b8d9093452
work_keys_str_mv	AT anafernandes genderdifferencesinwageexpectations AT martinhuber genderdifferencesinwageexpectations AT gianninavaccaro genderdifferencesinwageexpectations
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Gender differences in wage expectations.

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