Template-Type: ReDIF-Paper 1.0 Title: Does Pay Transparency Affect the Gender Wage Gap? Evidence From Austria Author-Name: Andreas Gulyas Author-Email: andreas.gulyas@uni-mannheim.de Author-Name: Sebastian Seitz Author-Email: sseitz@mail.uni-mannheim.de Author-Name: Sourav Sinha Author-Email: sourav.sinha@yale.edu Classification-JEL: J08, J31, J38, J78 Keywords: Pay Transparency, Gender Pay Gap Abstract: We study the 2011 Austrian Pay Transparency Law, which requires firms above a size threshold to publish internal reports on the gender pay gap. Using an event-study design, we show that the policy had no discernible effects on male and female wages, thus leaving the gender wage gap unchanged. The effects are precisely estimated and we rule out that the policy narrowed the gender wage gap by more than 0.5 p.p.. Moreover, we do not find evidence for wage compression within firms. The Austrian transparency reform might have little 'bite' because wage reports are company secret and not public information. Note: Length: 47 Creation-Date: 2021-03 Revision-Date: File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp194 File-Format: application/pdf Handle: RePEc:bon:boncrc:CRCTR224_2021_194v2