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Godechot, Olivier, Paula Apascaritei, István Boza, Martin Hallsten, Lasse Henriksen, Are Hermansen, Feng Hou, Jiwook Jung, Alena Křížková, Zoltán Lippényi, Elvira Marta, Silvia Maja Melzer, Eunmi Mun, Halil Sabanci, Naomi Kodama and Max Thaning, 2021, « Size and evolution of the financial wage premium », Unpublished translation of “Ampleur et évolution de la prime salariale financière”, 2021, Regards croisés sur l'économie, vol. 27, n°2, 2020, p. 97-109. We measure the size and evolution of the wage premium for a job in finance. In thirteen developed countries, wages, especially high wages, increased at a sustained pace in this sector during the 1990s and 2000s, contributing strongly to the increase in the share of the national top 1% and hence to inequality. The explanation of this gap by differences in talent is not enough. In France, salaries remain 25 to 30% higher once the effect of the diploma is deducted. We offer an alternative explanation based on the ability of employees to move financial activity with them from one firm to another. |
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![]() OgO: plus ici|more here [Introduction to sociology] Syllabus and compulsory readings Syllabus et lectures obligatoires Olivier Godechot 2024-2025 In addition to the readings that you will study ...: plus ici|more here [Sociology of Inequalities] Master of sociology, M1, Fall 2024 Fridays 8:00-10:00 Room 402 - 56 rue des Saints Pères Olivier Godechot and Lidia Panico ...: plus ici|more here [Causal methods in sociology] 10:15-12:15 on Tuesdays 18 hours from September 3rd to November 5th 2024 Room C.S21 - Campus Saint-Thomas This course is a non-technical ...: plus ici|more here [R] Some useful functions for R I build from time to time some small functions and make them available. ## Improved ...: plus ici|more here [Introduction to sociology] 2023-2024: plus ici|more here [Sociology of Inequalities] 2023-2024: plus ici|more here [Causal methods in sociology] 2023-2024: plus ici|more here [Enseignements] Statistiques: plus ici|more here [Publications] Godechot, Olivier et Elif Bulut, Les fissures de la digue républicaine, La vie des idées: plus ici|more here Tweets (rarely/rarement): @OlivierGodechot |
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