The Gender Promotion Gap: Evidence from Central Banking

• 成果类型: Article
• 署名作者: Hospido, Laura; Laeven, Luc; Lamo, Ana
• 署名单位: Banco de Espana; IZA Institute Labor Economics; European Central Bank; Centre for Economic Policy Research - UK
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_00988
• 发表日期: 2022-09
• 页码: 981-996
• 关键词: women; career; performance; ECONOMICS; selection; IMPACT; boards

摘要

We examine gender differences in career progression and promotions using personnel data from the European Central Bank (ECB) during the period 2003-2017. A gender wage gap emerges within a few years of hiring, despite broadly similar entry conditions. We also find a gender promotion gap before 2010 when the ECB issued a public commitment to diversity. Following this change, the promotion gap disappears. Using data on promotion applications, we find a gender application bias, partly driven by preferences for competition. Following promotion, women perform better in terms of salary progression.