Almost Half of Female U.S. Economists Report Sex Discrimination
(Bloomberg) -- Almost half of female economists have experienced gender discrimination, according to an American Economic Association survey that also included hundreds of reports of assault and harassment.
Forty-eight percent of women reported unfair discrimination based on sex and 22 percent experienced bias for their marital status or caregiving responsibilities, according to the professional climate survey released Monday of more than 9,000 current and former members from November to February.
Assaults by other economists or students were reported by 85 members while 179 said they experienced attempted assaults and 405 encountered unwanted attention from peers.
The survey, which was sent to more than 45,000 current and former members, also documented racial and ethnic discrimination. Among black respondents, 27 percent said they were discriminated against in promotion decisions and 23 percent saw bias in teaching assignments. More than a third said they were treated unfairly with compensation.
“Many members of the profession have suffered harassment and discrimination during their careers, including both overt acts of abuse and more subtle forms of marginalization. This is unacceptable,” AEA President Ben Bernanke, President-elect Janet Yellen and past President Olivier Blanchard wrote in a letter to members released with the survey results.
‘Likewise Essential'
“It's important to weed out harassment and discrimination but it's likewise essential to take action to widen the pipeline of women and minorities entering the field and to help those already in the field to advance professionally,” they wrote.
AEA leaders take the issues “extremely seriously” and will expand on steps last year, which included adopting a code of conduct and creating a discussion forum, by appointing an ombudsperson to record complaints of harassment or discrimination, according to the letter.
The group also will approve a formal vetting process to ensure executive committee members and others such as journal editors and honor recipients haven't violated the code.
The results follow the organization's annual meeting in January, which included a high-profile panel discussion featuring former Federal Reserve Chair Yellen and other prominent female economists discussing solutions such as professional sanctions for academics with a known history of past misconduct. “We need to think about how that could be done,” Yellen said at the gathering of thousands of economists in Atlanta.
To contact the reporter on this story: Jeff Kearns in Washington at jkearns3@bloomberg.net
To contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Alister Bull, Randall Woods
©2019 Bloomberg L.P.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.