Gender Bias in Promotions: Evidence from Financial Institutions

• 成果类型: Article
• 署名作者: Huang, Ruidi; Mayer, Erik J.; Miller, Darius P.
• 署名单位: Southern Methodist University; University of Wisconsin System; University of Wisconsin Madison
• 刊物名称: REVIEW OF FINANCIAL STUDIES
• ISSN/ISSBN: 0893-9454
• DOI: 10.1093/rfs/hhad079
• 发表日期: 2024
• 页码: 1685
• 关键词: discrimination; ECONOMICS; gap; PROPOSALS; PREJUDICE; beliefs; impacts; boys

摘要

We test for gender bias in promotions at financial institutions using two central predictions of , ) model: firms with bias will raise the promotion bar for marginally promoted female workers, and incur costs from forgoing efficient employment practices. We find support for both of these predictions using a new nationwide panel of mortgage loan officers and their managers encompassing approximately 72,000 workers from over 1,000 shadow banks from 2014 to 2019. Overall, our findings provide evidence that gender bias is an important factor in gender gaps at financial institutions.Authors have furnished an , which is available on the Oxford University Press Web site next to the link to the final published paper online.