period 2004–2007. Using the most recent methodologies on a Mincerian equation, we
assess how much of the differential depends on differences in endowments and how much
on differences in the remuneration of such skills. For the first time, we look at the contribution
of specific covariates at different quantiles of the wage distribution and decompose the
variance into an explained and an unexplained component. We find that the pay gap is often …