Working Paper

Gender Gaps in the Federal Reserve System


Abstract: To better understand the stalled progress of women in economics, we construct new data on women's representation and research output in one of the largest policy institutions—the Federal Reserve System. We document a slight increase in women’s representation over the past 20 years, in line with academic trends. We also document a significant gender gap in research output, especially for years in which economists have greater domestic responsibilities, but nearly absent gender gaps in policy output and career progression. This work complements existing research on women in academia, allowing a more comprehensive examination of progress in the economics profession.

Keywords: Central banks; Diversity; Gender inequality; Leaky pipeline; Research output;

JEL Classification: J16; A14; E58;

https://doi.org/10.17016/FEDS.2024.092

Access Documents

Authors

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: Finance and Economics Discussion Series

Publication Date: 2024-12-05

Number: 2024-092