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. 

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