Bloomberg
Hostility and discrimination await women daring to encroach upon the male-dominated world of economics and central banking, according to papers presented at a European Central Bank conference.
The research shows that the much-celebrated rise of Christine Lagarde — a lawyer and politician, not an economist or central banker — to become the ECB’s first-ever female president is atypical for her gender.
Among the presentations in Frankfurt, a study presented by Northeastern University’s Alicia Modestino coded interactions between speakers and their audiences at several hundred economics seminars. It showed that female speakers have a greater share of their seminar time taken up by audience members, and are more likely to be asked hostile questions.
“Economics has a distinctively aggressive seminar culture,†said Modestino.
“This paper is the first systematic attempt at quantitatively measuring whether the seminar culture leads to disparate treatment.†A report by the Bank of Spain showed that submissions of papers with all-female authors to economics conferences are 3.2% less likely to be accepted than papers with all-male authors papers, even after controlling for a number of factors.