Christine Lagarde, Jonathan D. Ostry, 05 December 2018

The persistent gap between female and male labour force participation comes at a significant economic cost. This column argues that because women and men complement each other in the production process, the economic benefits from gender diversity are likely to be larger than suggested by previous studies. Gender complementarity also has important implications for the welfare costs from barriers to female labour force participation. The case for gender equity is even more compelling and pressing.

Vera Rocha, Mirjam van Praag, 10 March 2018

Women are substantially underrepresented in the areas of new venture creation and entrepreneurship. Using Danish data, this column examines an important social interaction that has been relatively overlooked as a possible influence on entrepreneurship choices – the relationship between bosses and employees in start-up firms. Working for a female founder has a strong positive effect on female employees’ likelihood of going on to found their own venture, pointing to the benefits of improving representation at the top.

Donato Masciandaro, Paola Profeta, Davide Romelli, 26 November 2015

Not much is known about the drivers of gender diversity in monetary policy committees. This column presents new research suggesting that gender preferences may be endogenous with respect to the overall structural and institutional settings. Higher female representation is associated with higher levels of central bank independence and lower involvement of the central bank in both banking and financial sector supervision. 

Hiromi Ishizuka, 10 July 2014

Japan has one of the highest labour market gender gaps among the advanced economies. This column examines the current status of gender diversity in management in Japan, China, and South Korea. Despite some pronounced differences, economic gender gaps are large in all of the three countries. But overall, gender diversity in management in Japan is slowly beginning to emerge.

Johanne Grosvold, Stephen Pavelin, Ian Tonks, 27 March 2012

It is no secret that men outnumber women in the boardroom many times over. This column looks at the latest government efforts to redress this imbalance, particularly in the UK, and asks why so few companies are willing to increase the number of women on their board.

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CEPR Policy Research