Pay Transparency and Gender Equality
利用英国2018年起强制大型企业公开性别平等指标的政策，研究发现薪酬透明度通过降低男性工资增长，使性别工资差距缩小了19%，且公众监督越强的企业效果越明显。
Since 2018, UK firms with at least 250 employees have been mandated to publicly disclose gender equality indicators. Exploiting variations in this mandate across firm size and time, we show that pay transparency closes 19 percent of the gender pay gap by reducing men’s pay growth. By combining different sources of data, we also provide suggestive evidence that the public availability of the equality indicators enhances public scrutiny. In turn, employers more exposed to public scrutiny seem to reduce their gender pay gap the most.