Gender Wage Gap in Russia: Do Psychological Characteristics Matter?

Student: Larkin Dmitriy

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

The key factors that affect the gender inequality in the labour market include human capital, family status, occupational segregation, and discrimination. However, typically these variables are far from fully explaining the gender wage gap. In order to overcome this issue, we introduced non-cognitive traits as additional variables in the descriptive and regression analysis (fitting linear regressions and decomposing the gap into contributing factors). The results are that psychological characteristics may explain as little as 0.3% and as much as 10% for women and 1.3% to 13% for men depending on the type of the regression and the variables included. The wage gap equals 27.1%, 2.2% of which is explained by non-cognitive variables. The results allow us to induce that researching the effect of psychological characteristics may indeed be valuable for the analysis of the gender equality in Russia.

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