The finance wage premium : Finnish evidence from a gender perspective

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annif.suggestionsgender|women|wages|wage level|equality (values)|wage differentials|income differences|level of earnings|gender differences|men|enen
annif.suggestions.linkshttp://www.yso.fi/onto/yso/p5291|http://www.yso.fi/onto/yso/p16991|http://www.yso.fi/onto/yso/p2008|http://www.yso.fi/onto/yso/p13098|http://www.yso.fi/onto/yso/p2399|http://www.yso.fi/onto/yso/p3474|http://www.yso.fi/onto/yso/p3473|http://www.yso.fi/onto/yso/p3481|http://www.yso.fi/onto/yso/p5290|http://www.yso.fi/onto/yso/p8173en
dc.contributor.authorVaahtoniemi, Saara
dc.contributor.departmentfi=Ei tutkimusalustaa|en=No platform|-
dc.contributor.facultyfi=Laskentatoimen ja rahoituksen yksikkö|en=School of Accounting and Finance|-
dc.contributor.organizationfi=Vaasan yliopisto|en=University of Vaasa|
dc.date.accessioned2022-03-22T11:31:55Z
dc.date.accessioned2025-06-25T13:29:49Z
dc.date.available2022-03-22T11:31:55Z
dc.date.issued2021-07-21
dc.description.abstractThe growth in finance wages has contributed to the increase in top incomes over the last decades. The finance wage premium has been studied from various viewpoints in recent years, however, not from the gender perspective. Studies have shown that the gender wage gap tends to increase at top incomes. As finance wages are increasing and if the benefits of working in finance are mostly claimed by men, the overall gender wage gap will persist. Using Finnish registry data from 1990 to 2014, this paper shows that the finance wage premium differs considerably between men and women. Overall, the finance premium has increased over time. The premium of men is larger than that of women at all hierarchy levels. Women at manager and expert positions in finance get a premium, but not at clerical level. Men on the other hand receive a premium at all hierarchy levels. The negative female effect is larger at higher points of the wage distribution, indicative of a glass ceiling effect. For men, the premium has increased especially at the top of the wage distribution.-
dc.description.notification© 2021 The Authors. LABOUR published by Fondazione Giacomo Brodolini and John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes.-
dc.description.reviewstatusfi=vertaisarvioitu|en=peerReviewed|-
dc.format.bitstreamtrue
dc.format.contentfi=kokoteksti|en=fulltext|-
dc.format.extent20-
dc.format.pagerange412-431-
dc.identifier.olddbid15651
dc.identifier.oldhandle10024/13691
dc.identifier.urihttps://osuva.uwasa.fi/handle/11111/2205
dc.identifier.urnURN:NBN:fi-fe2022032224342-
dc.language.isoeng-
dc.publisherWiley-
dc.relation.doi10.1111/labr.12203-
dc.relation.funderOP Group Research Foundation-
dc.relation.funderEvald ja Hilda Nissin Säätiö-
dc.relation.ispartofjournalLABOUR-
dc.relation.issn1467-9914-
dc.relation.issn1121-7081-
dc.relation.issue3-
dc.relation.urlhttps://doi.org/10.1111/labr.12203-
dc.relation.volume35-
dc.rightsCC BY-ND 4.0-
dc.source.identifierWOS:000675075200001-
dc.source.identifierScopus:85110947165-
dc.source.identifierhttps://osuva.uwasa.fi/handle/10024/13691
dc.subjectfinancial system-
dc.subjectFinland-
dc.subjectgender relations-
dc.subjectlabor market-
dc.subjectwage determination-
dc.subjectwage gap-
dc.subject.disciplinefi=Taloustiede|en=Economics|-
dc.titleThe finance wage premium : Finnish evidence from a gender perspective-
dc.type.okmfi=A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä|en=A1 Peer-reviewed original journal article|sv=A1 Originalartikel i en vetenskaplig tidskrift|-
dc.type.publicationarticle-
dc.type.versionpublishedVersion-

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