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Transparency vs Mandated Pay Equity
- Transparency in gender pay enables public accountability but has limits due to job heterogeneity.
- Mandating pay equity with certification, like in Iceland, offers a more precise solution than raw transparency.
Parenting Timing Affects Pay Gap
- The gender pay gap is influenced by choices around timing of having children.
- Work-life balance policies and societal support are key to understanding and closing this gap.
Paternity Leave as a Solution
- Implement and normalize extended paternity leave to balance household responsibilities.
- This can shift societal norms and help reduce the gender wage gap by equalizing caregiving burdens.