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Gender Gaps in the Federal Reserve System

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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.

Suggested Citation

  • Deepa Dhume Datta & Nitzan Tzur-Ilan, 2024. "Gender Gaps in the Federal Reserve System," Finance and Economics Discussion Series 2024-092, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfe:2024-92
    DOI: 10.17016/FEDS.2024.092
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    More about this item

    Keywords

    Central banks; Diversity; Gender inequality; Leaky pipeline; Research output;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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