Which legislative measures have been shown to most effectively reduce the economic impact of the gender wage gap, according to various case studies?

To effectively reduce the economic impact of the gender wage gap, several legislative measures have proven successful in various case studies. One key approach is implementing pay transparency laws, which require companies to disclose salary ranges for positions. This helps ensure that women are paid fairly by making it easier for them to see if they are being underpaid compared to their male counterparts. For example, in countries like Iceland, such laws have led to a significant narrowing of the wage gap as employees can negotiate better based on clear information. Additionally, policies that encourage family leave and affordable childcare support help both parents participate equally in the workforce, further addressing wage disparities over time.