IS IT THE LABOUR MARKET THAT UNDERVALUES WOMEN OR WOMEN THEMSELVES? EVIDENCE FROM POLAND

This article provides a comparative analysis of gender gaps in ob_x0002_servable and reservation wages. The analysis shows that women are able to accept lower wages than men before entering the labour market. Men’s and women’s differences in observable characteristics are not at all sufficient to explain the gaps both in observable and reservation wages. The article thus concludes that the prevalence of gender wage gap may be a result of wom_x0002_en’s lower self-valuation and not necessarily labour market discrimination against women.