Guido Pialli (University of Turin)
Tom Kemeny, Max Nathan, Ceren Ozgen, Anna Rosso, Mateo Seré and Anna Valero
This paper examines the effects of the UKs 2017 gender pay transparency policy, which man- dated large firms to disclose gender pay gap data. Using a novel employer-employee dataset and a difference-in-differences design around the treatment threshold, we find that the policy led to increased job mobility among women, especially low-skilled, in non-managerial roles and in the lower end of the wage distribution. Our findings suggest that transparency influences workforce composition, contributing to a narrowing of the gender pay gapprimarily through separation from women with weaker bargaining power. We conclude that policymakers should consider complementing pay transparency policies with other tools to avoid unintended conse- quences from such reforms