The Old Boys' Club: Schmoozing and the Gender Gap

• 成果类型: Article
• 署名作者: Cullen, Zoe; Perez-Truglia, Ricardo
• 署名单位: Harvard University; National Bureau of Economic Research; University of California System; University of California Berkeley
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.20210863
• 发表日期: 2023
• 页码: 1703-1740
• 关键词: Incentives; women; allocation; networks; work

摘要

Offices are social places. Employees and managers take breaks together and talk about family and hobbies. In this study, we show that employees' social interactions with their managers can be advantageous for their careers, and that this phenomenon contrib-utes to the gender pay gap. We use administrative and survey data from a large financial institution and exploit quasi-random varia-tion induced by the rotation of managers. We provide evidence that when employees have more face-to-face interactions with their managers, they are promoted at a higher rate. This mechanism could explain a third of the gender gap in promotions at this firm. (JEL G21, J16, J31, J71, M12, M51, Z13)