Journal
ECONOMIC JOURNAL
Volume 129, Issue 622, Pages 2390-2423Publisher
OXFORD UNIV PRESS
DOI: 10.1093/ej/uez012
Keywords
-
Categories
Funding
- IDB Economic and Sector Work [RG-K1321]
- PRIN grant [2010XFJCLB_001]
- RAS L.7 project [CUP: F71J11001260002]
Ask authors/readers for more resources
We investigate the effects of female executives on gender-specific wage distributions and firm performance. Female leadership has a positive impact at the top of the female wage distribution and a negative impact at the bottom. The impact of female leadership on firm performance increases with the share of female workers. We account for the endogeneity induced by non-random executives' gender by including firm fixed-effects, by generating controls from a two-way fixed-effects regression and by using instruments based on regional trends. The findings are consistent with a model of statistical discrimination in which female executives are better at interpreting signals of productivity from female workers. This suggests substantial costs of women under-representation among executives.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available