Review of: Boris Hirsch: Monopsonistic Labour Markets and the Gender Pay Gap. Theory and Empirical Evidence. Heidelberg: Springer-Verlag 2010.
DOI:
https://doi.org/10.14766/922Keywords:
Arbeit, Beruf, Geld, Gleichstellung, Ökonomie, Geschlecht, GenderAbstract
The possible contribution of monopsonistic job market models to the explanation of the gender-based payment gap (Gender Pay Gap) is at the center of Boris Hirsch’s dissertation. According to the theories of the regional and the dynamic monopson, companies are able to pay women lower wages because their labor supply on the company level is less flexible and because they have to accept higher losses in the case of a job change. The companies’ abuse of the monopsonistic power and the discrimination, which can be explained with the Robinson approach, lead to unequal wages between men and women. Hirsch’s theoretical hypotheses are validated empirically for the German employment market; with them, at least a third of the Gender Pay Gap can be explained.
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Copyright (c) 2011 Andrea Jochmann-Döll
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