Gender wage and employment gaps are negatively correlated across countries. We argue that non-random selection of women …, if women who are employed tend to have relatively high-wage characteristics, low female employment rates may become …, all countries in which gender employment gaps are high. In particular, correction for employment selection explains more …

experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … aversion (0.9282) and the estimates indicate that both wage and employment rate dispersions decrease significantly with …