Korean Enterprises

Gender Wage Gap

Discriminatory Factors

Productivity Gap Factors

Overpayment of Men

Underpayment of Women

LN (Wm-Wf)

Xm (Bm-B*)

Xf (B*-Bf)

(Xm-Xf) B*

Age

0.09

0.14

0.001

−0.05

Tenure

0.23

−0.005

0.12

0.12

Tenure**2

−0.05

0.01

0.002

−0.06

University Education or Greater

0.01

0.005

0.01

−0.0005

Large Enterprise Dummy

−0.01

−0.003

−0.01

-

Tertiary Industry Dummy

−0.02

0.0004

−0.02

-

Constant Term

−0.09

−0.10

0.01

-

Total

0.16

0.04

0.11

0.01

(Percentage of Total)

100.0%

26.3%

68.8%

4.9%

Difference in Hourly Wage

2489 won

653 won

1712 won

122 won

Korean Enterprises Average Hourly Wage for Men 15,389 won (100.0%)

Gender Wage Gap 2489 won (16.2%)

Economically Rational Productivity Gap Factors: 122 won (4.9%)

Discriminatory Factors 2365 won (95.1%)

Overpayment Factor of Men: 1712 won (26.3%)

Underpayment Factor of Women: 1712 won (68.8%)

Average Hourly Wage for Women 12,900 won (83.8%)