Education, labour market and wage differentials in Greece

The paper investigates the relationship between the education level of employees and certain characteristics of the labour market in Greece. The paper studies male-female wage differentials depending on their education level across the wage distribution and applies a variant of the selection-adjusted Oaxaca and Blinder decomposition method to explain the components of the wage differentials. The results suggest that male- female wage differences can be identified in Greece. For high education level employees a higher unexplained portion of the wage differential is observed at the top rather than the bottom of the wage distribution; for low education level employees a higher unexplained portion of the wage differential is revealed at the bottom rather than the top of the distribution.