"Comparing our results with the US, we find that the gender gap in lifetime earnings has remained significantly smaller in France
.… while the US has seen a striking narrowing of the gap between cohorts across the whole distribution (except at the very top), in France, we observe a sharp narrowing only at the top and bottom of the distribution for the youngest cohorts.
.… In France, lifetime earnings have increased across the entire distribution for both men and women. In contrast, in the US, men below the median have experienced losses.
… the contribution of unobserved factors decreases across cohorts but increases across the distribution
… this sharp decline in the unexplained part has been accompanied by a growing role of observable factors. The most important effect comes from… the decline in the years worked full time, which has slowed down the convergence across genders.
… At the bottom of the distribution, the minimum wage helps reduce earnings disparities, while #workingTime remains the primary driver of the gender gap in lifetime earnings. At the top, our results are consistent with a glass-ceiling effect, which has weakened over time.
… the increase in educational attainment and the narrowing of the gender gap in returns to #education have also contributed to the reduction in the gender pay gap"
#LaborMarkets #wages #gpg

