CELG Seminar: The role of risk and Negotiation in Explaining the Gender Wage Gap
Presenter: Dr. Tran My Minh Chau, Monash University, Austraylia.
Time: 10:30 AM (Vietnam), Thursday 11th August 2022
Location: Room B1-1001, 279 Nguyen Tri Phuong St, Ward 5, Dist 10, HCMC
To present and submit a report, please fill out this form:
This paper examines how gender differences in behavioral preferences impact the gender wage gap in Vietnam. We conduct a lab-in-the-field experiment to measure preferences for risk and negotiation and administer a complementary survey to collect data on wages and observable factors that affect wages. In our sample, women earn less than men but differences in observable characteristics across gender cannot explain the gender wage gap, i.e. most of the gender gap is unexplained. Our experimental results show that women are more risk-averse and have a lower propensity to negotiate. The two variables together account for 15.5% of the unexplained component of the wage gap and jointly reduce the gender wage gap by 29%.
About author
Dr. Tran My Minh Chau holds an MA in economics from Lincoln University, New Zealand and a Ph.D. from Monash University, Australia. Her research focuses on gender inequality in labour markets and the effect of early childhood conditions on disadvantaged groups. She is also interested in behavior economics and experimental economics and has had experiences conducting experiments in Vietnam. Chau had publications on International Journal of Social Economics, International Journal of Bank Marketing, Economic Development and Cultural Change, and Journal of Economic Behaviour & Organization.