SEMINARIO EXTERNO DE INVESTIGACIÓN: AARO HAZAK

Morningness-evenigness pay gap in creative R&D jobs

Presented by Prof Aaro Hazak

Co-authored with Prof Kadri Männasoo, Prof Markku Partinen, Heili Hein 

People differ from one another in their daily sleep and wake regimens. Various social norms, regulations and other institutional factors imply on the behaviour and equality of treatment of individuals with different morningness-eveningness patterns. We provide some insight on the existence of a morningness-eveningness pay gap. Using data from our original repeated survey of Estonian creative R&D employees on a sample of 149 individuals from eleven entities, we present fully observed recursive structural equation estimates and ordered probit regression estimates of the drivers of salary levels as well as Oaxaca-Blinder decomposition of the pay gap. Employees of evening type appear to have a lower probability of getting higher levels of salary, compared to employees with no distinct morningness-eveningness profile. Simultaneously, we find support to a strong gender pay gap, with female employees having a lower probability of earning the higher levels of salary. Age is another strong determinant of the salary level.

Aaro Hazak

Professor of Institutional Economics, has led several research grant projects and applied studies on the regulatory and broader institutional context of development into knowledge economies, companies’ R&D related decisions as well as working arrangements in R&D. He is leading the European Union Horizon 2020 funded grant project “Institutions for Knowledge Intensive Development” (IKID, 2017-2020, USD 1.5 million), which is focused on micro level incentives and macro level institutional mechanisms to encourage and facilitate knowledge creation and absorption. He is leading the economic analysis work stream of the research grant project “Climate Change Mitigation with CCS and CCU Technologies” (WP4 of RiTa Grant No. RITA1/02-20: 2019-2021, USD 1.0 mill). Aaro Hazak has conducted postdoctoral research at the University of Zurich (Switzerland), studying the indicators of company failures. He has been a visiting fellow at Macquarie University (Australia), Buenos Aires University (Argentina), the Federal University of Rio de Janeiro (Brazil) and other universities, doing research, developing new courses and lecturing on topics relating to companies’ R&D incentives and knowledge intensive development. Apart from academic work, Aaro Hazak has over 15 years of international consultancy and applied studies experience in the areas of economic and financial analysis and modelling, due diligence, and regulatory compliance analyses. He has been team leader/member of over 150 international and domestic projects for investors, companies and governments. Aaro Hazak has given keynote speeches at numerous international conferences and invited guest lectures at various universities worldwide.