òòò½Íø Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Pay Transparency and Gender Equality
òòò½Íø Journal: Economic Policy
vol. 17,
no. 2, May 2025
(pp. 418–45)
Abstract
Since 2018, UK firms with at least 250 employees have been mandated to publicly disclose gender equality indicators. Exploiting variations in this mandate across firm size and time, we show that pay transparency closes 19 percent of the gender pay gap by reducing men's pay growth. By combining different sources of data, we also provide suggestive evidence that the public availability of the equality indicators enhances public scrutiny. In turn, employers more exposed to public scrutiny seem to reduce their gender pay gap the most.Citation
Blundell, Jack, Emma Duchini, Åžtefania Simion, and Arthur Turrell. 2025. "Pay Transparency and Gender Equality." òòò½Íø Journal: Economic Policy 17 (2): 418–45. DOI: 10.1257/pol.20220766Additional Materials
JEL Classification
- D22 Firm Behavior: Empirical Analysis
- J16 Economics of Gender; Non-labor Discrimination
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 Wage Level and Structure; Wage Differentials
- L25 Firm Performance: Size, Diversification, and Scope