"We use new data to explore the determinants of pay, rank, and job satisfaction for academic economists in the UK. After allowing for a broad range of characteristics, including measures of individual productivity and workplace features, we find a raw (unconditional) gender salary difference of 15 log percentage points (lpp) and a conditional gender pay gap of 9 lpp. This aggregate pay gap is strongly influenced by the relative concentration of men in higher paid job ranks where there are also within-rank gender pay gaps. Nevertheless, the majority of academic economists (male and female) are satisfied with their job."

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