Perceived Wages and the Gender Gap in Stem Fields
20 Pages Posted: 20 Feb 2018 Last revised: 4 Oct 2019
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Perceived Wages and the Gender Gap in Stem Fields
Date Written: February 2018
Abstract
We estimate gender differences in elicited wage expectations among German University students applying for STEM and non-STEM fields.
Descriptively, women expect to earn less than men and also have lower expectations about wages of average graduates across different fields.
Using a two-step estimation procedure accounting for self-selection, we find that the gender gap in own expected wages can be explained to the extent of 54-69% by wage expectations for average graduates across different fields. However, gender differences in the wage expectations for average graduates across different fields do not contribute to explaining the gender gap in the choice of STEM majors.
Keywords: college major choice, Gender Gap, STEM, wage expectations
JEL Classification: I21, J16, J31
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