Gender biases in finance labor market « Economics Job Market Rumors

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Thread: 132 Goods vs 46 No Goods

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Gender biases in finance labor market

Economist
6943

That is, new cohorts of men who had nothing to do with past sexism pay a heavy price for the alleged sins of older men, who remain comfortable in their positions and pay no price whatsoever. But sure, keep on making fun of struggling young men who end up discriminated against and sometimes unemployed because of this perverse and immoral policy...

This is true. By discriminating young men who have nothing to do with sexism you aren't getting rid of sexism. It only creates justified anger.

Also I don't know how getting PhD makes it harder for women to marry than for men. Women marry up, and a PhD student isn't on top of the food chain...

2 years ago # QUOTE 1 Jab 0 No Jab !
Economist
d48b

The gender bias also has other implications. One is that it will be optimal for PhD programs to admit weaker female students as women's expected job market success is better.

I don´t really think this will be an issue. In almost any Master´s program in finance the top students are 50/50 male/female.

This is just flat out not true

Men make up 90% of finance departments. Are they 9x better at finance than women?

This is my favorite post of all time. I actually do not believe there is any innate skill deficiency between men and women, but if I was in court trying to defend females in economics/finance, I would hope this comment didn't come up during discovery.

2 years ago # QUOTE 3 Jab 0 No Jab !
Economist
1342

6) Women are more risk averse. Pursuing a finance PhD with the aim of getting tenure is a very risky bet, compared to, say, medical school.

Please provide scientific evidence for this statement.
Agree with all the other points. But why would moving around be against social norms for a woman but not for a man? Just don't get it.

Risk aversion is well-known in the literature: https://scholar.google.com/scholar?q=risk%20aversion%20gender

Migration patterns turn out to be about the same.

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
592e

Female my experience is so awful ... a million tiny cuts doesn’t make it better it makes it torture!!! I’m sad your mothers didn’t raise you better...Yo momma jokes appropriate ...

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
d96a

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...

https://www.sciencedirect.com/science/article/pii/S0304405X16301970

2 years ago # QUOTE 3 Jab 0 No Jab !
Economist
455f

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...

MAybe because she loves to teach, loves to research and get answers to come questions that have been bothering her, AND benefit from the flexibility an accademic career offers? What other job you can think of that allows you to come and leave whenever you want outside your lecturing hours?

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
ae89

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...
https://www.sciencedirect.com/science/article/pii/S0304405X16301970

Yes, her time is better spent getting her pilot credentials. The science is clear.

2 years ago # QUOTE 2 Jab 0 No Jab !
Economist
455f

Yes, her time is better spent getting her pilot credentials. The science is clear.

not everyone can get pilot credentials for medical reasons (severe vision impairment etc) . So for those a PhD may still be a better choice, no?

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
5ea9

Yes, her time is better spent getting her pilot credentials. The science is clear.

not everyone can get pilot credentials for medical reasons (severe vision impairment etc) . So for those a PhD may still be a better choice, no?

Let’s use the invention of lasik surgery as an exogenous shock to vision impairment and find out. From the looks of it, should be desk accept at QJE

2 years ago # QUOTE 1 Jab 0 No Jab !
Economist
24cd

Yes, her time is better spent getting her pilot credentials. The science is clear.

not everyone can get pilot credentials for medical reasons (severe vision impairment etc) . So for those a PhD may still be a better choice, no?

Let’s use the invention of lasik surgery as an exogenous shock to vision impairment and find out. From the looks of it, should be desk accept at QJE

If the author is female and hrm, desk accept at AER

2 years ago # QUOTE 1 Jab 0 No Jab !
Economist
8c22

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...
https://www.sciencedirect.com/science/article/pii/S0304405X16301970

Did anyone notice that in the acknowledgements they thank the referee by name (David Yermack). Isn't JFE refereeing supposed to be double-blind? Or am I missing something here?

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
d48b

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...
https://www.sciencedirect.com/science/article/pii/S0304405X16301970

Did anyone notice that in the acknowledgements they thank the referee by name (David Yermack). Isn't JFE refereeing supposed to be double-blind? Or am I missing something here?

that's cute. the process is single blind at best and probably only in extreme cases

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
8c22

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...
https://www.sciencedirect.com/science/article/pii/S0304405X16301970

Did anyone notice that in the acknowledgements they thank the referee by name (David Yermack). Isn't JFE refereeing supposed to be double-blind? Or am I missing something here?

that's cute. the process is single blind at best and probably only in extreme cases

Still does not explain how they knew who the referee was

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
a5f2

JFE allows referee to disclose themselves if they choose to.

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
7027

Hahaha

Why would a smart female want to spend 6 years of her life and another 6 getting tenure in field where this is the pinnacle of achievement...
https://www.sciencedirect.com/science/article/pii/S0304405X16301970

2 years ago # QUOTE 0 Jab 0 No Jab !
Economist
93a6

JFE allows referee to disclose themselves if they choose to.

Why on earth would Yermack disclose that he reviewed AND ACCEPTED that??

2 years ago # QUOTE 0 Jab 0 No Jab !

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Gender biases in finance labor market

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