Economisch Statistische Berichten Dossier
SINCE 1916 ISSUE 4767S - 1 NOVEMBER 2018 - VOLUME 103
WOMEN IN ECONOMICS
Composed by the ESB editors and made possible by financial support from the Dutch economics and business faculties ESB Preface Preface ESB
Women in economics
or a way too long time, Finkelstein and Carmen Rein- economics has had a hart. I dare predict that some of shameful reputation them will win a Nobel prize in Fwhen it comes to the role of the future. ‘women in economics’. Female Many economics departments staff and female professors have are acutely aware of the under- been, and still are, very much representation of females among underrepresented, even when their staff. In recent years,hiring taking into account their lower rates of female assistant and enrolment rates in BA, MA and associate professors have risen. PhD programmes. Over time, they will be promot- A highly competitive academic ed to the ranks of full professor culture may have deterred and gender gaps will gradually females from entering the pro- be reduced. fession. Economists generally BAS JACOBS In the Netherlands, more and adhere to the idea that com- Professor at the Erasmus University more female economists are pre- petition is a good thing, and is Rotterdam and President of the Royal sent in economic policy and the necessary to foster academic Netherlands Economics Association public arena. Think of Barbara progress. Moreover, extreme Baarsma, Marieke Blom, Laura specialization allows researchers to exploit their com- van Geest, Sandra Phlippen, Mirjam van Praag, Esther- parative advantages. Economists take great pride in Mirjam Sent, Sheila Sitalsing, Marike Stellinga, just to publishing in the best economics journals. And good name a few. publications are the ‘key currency’ in making an aca- Only this month, Gita Gopinath, an outstanding demic career. However, if competition is too much of a professor of international economics from Harvard, good thing, female scholars may be put off. has been appointed as the IMF’s first female chief econ- Female economists may also experience more difficul- omist. She joins Pinelopi Koujianou Goldberg, chief ties in making their academic careers. Economists might economist of the World Bank and Laurence Boone, be more prone to rejecting ideas of discrimination of chief economist of the OECD. female teachers and researchers. Their natural reaction There is still a long way to go, but I believe that the is to find this plainly inefficient and incompatible with future of women in economics will be brighter than competitive forces that could drive out discriminatory its rather dark past. This special issue contains many practices from academia (Friedman, 1962). However, if suggestions for improving their position and makes discrimination is present but neglected, the academic fascinating reading. labour market will fail, female academic careers will be damaged and their human potential wasted. Still, times are changing for the better. We now all are familiar with role models with stellar academic records, REFERENCE such as Susan Athey, Marianne Bertrand, Anne Case, Friedman, M. (1962) Capitalism and freedom. Chicago: University Janet Currie, Asli Demirgüç-Kunt, Esther Duflo, Amy of Chicago Press, chapter 7.
Volume 103 (4767S) 1 November 2018 1 ESB Content ESB Content Content
Introduction: Being a good sport JASPER LUKKEZEN 4
Too few women in the economics debate SYLVIA TEUNISSEN AND COEN HOGENDOORN 6
Taking stock 10
Invisible barriers to the top for female economists HARRY VAN DALEN 11
Successful economists are highly masculine BELLE DERKS, RUTH VAN VEELEN AND MICHEL HANDGRAAF 16
Infographic: Gender in economic institutions ESB 20
Female econometricians are the future IVO ARNOLD 22
Experiences 26
Interview with Siv Gustafsson JASPER LUKKEZEN 30
Report: Academics on the gender imbalance in economics ELISA DE WEERD 30
Column: Happy to be a role model MIRJAM VAN PRAAG 34
Column: How I became a feminist ESTHER-MIRJAM SENT 35
2 Volume 103 (4767S) 1 November 2018 Content ESB
Solutions 36
A behavioural view of women’s underrepresentation in economics ANNE BORING AND THOMAS BUSER 37
How to make being successful in economics more inclusive ANNE-WIL HARZING, CLAARTJE VINKENBURG AND MARLOES VAN ENGEN 42
Revealed preference and gender equality HEIN SCHREUDER 49
Still no more than a foot in the door ELINE VAN DER HEIJDEN 51
Women in economics: a lifelong discouragement HENRIËTTE PRAST 52
Policy 58
What economics faculties are doing about female scarcity? JANNEKE PLANTENGA 59
Column: NWO’s role in improving gender balance JAAP SCHOUTEN AND STAN GIELEN 63
Volume 103 (4767S) 1 November 2018 3 ESB Women in economics Being a good sport
here is good and there is bad news. First The share of female professors in economics is current- the good news of course. Explicit dis- ly 10 percent, as Teunissen and Hogendoorn mention crimination against women in the Neth- in this issue and as the infographic shows. erlands is definitely something of the This is bad news, and it requires all of us to take past.T In our project, we did not encounter any rules a firm stand on the issue. Changing an environment prohibiting women from taking certain positions or takes a concerted effort by everyone participating in managers stating that certain jobs are unsuitable for it. Which seems even harder than addressing explicit women. discrimination. In fact, in a survey by Janneke Plantenga in this The environment’s unforthcoming nature is hard ESB special issue, all the deans of Dutch economics to pinpoint. In his survey among Dutch economists, and business faculties indicate that they are actively Harry van Dalen does not report a lot of significant trying to hire more female staff members and have differences between male and female academics except the policies in place in order to do so. Moreover, they as to work pressure, while Ivo Arnold shows that have provided ESB with the funds to put together this female econometric students slightly outperform their special issue offering insights from recent academic male counterparts. work into causes and solutions and putting it on the Economics and business stands out as particu- discipline’s agenda. Also, Jaap Schouten and Stan Giel- larly high in features that are generally perceived to en write about the many policies that are in place to be more masculine, like self-confidence and competi- improve the opportunities for women to receive fund- tiveness, and low in traits that are generally regarded ing from the Netherlands Organisation for Scientific as more feminine, like cooperativeness and modesty. Research (NWO), the most important public funding Instances of this have cropped up during the academ- institute in the Netherlands. ics’ ‘the round table’, in the interview with Siv Gustafs- son – one of the first female professors in economics in A CONCERTED EFFORT the Netherlands – as well as in Esther-Mirjam Sent’s The bad news is that the environment in which column. Belle Derks, Ruth van Veelen and Michel research into economics and business takes place, is an Handgraaf also have ascertained this in their survey of environment in which women do less well than men. Dutch academic culture. They find that here the big- A cohort effect, in which the share of first-year female gest discrepancy is between the female economist’s students or female PhD students a few decades ago is self-reported masculinity and the reported masculinity a good proxy for the share of female professors today, they think is necessary for a successful career. seems implausible. It appears that there still is a barrier for women trying to attain a professorial appointment. MAD MEN Van der Heijden (1993) reports that 25–30 years ago That the culture within economics may be an issue the share of female students was 25 percent on average might be hard to understand for economists who are and the share of female PhD students was 18 percent. trained to think in terms of market forces and the like.
Why is this ESB dossier in English? The subject matter demands it. English is the main language of the economics and business faculties in the Netherlands, so an ESB dossier about the people who work there should be in English. Most of ESB’s publica- tions tend to be in Dutch.
4 Volume 103 (4767S) 1 November 2018 Introduction ESB Being a good sport
Perhaps a discussion of Figure 1 may help. The Rotter- NEXT STEP dam School of Management (RSM) recently adopted Much more can be done than merely addressing stere- a new corporate branding and issued postcards to alert otypes. Anne-Wil Harzing, Claartje Vinkenburg and its staff members to the change. Marloes van Engen provide a comprehensive resumé I love the Mad Men theme of the postcards and of studies – published in peer-reviewed journals over the gleeful anticipation on the faces. I think the con- the past two years – into various measures that depart- trast in colour between the kitchen apron and the rest ments can take. In addition, Anne Boring and Thomas of the image works well. And I really think the ‘pun’ on Buser provide a motivation from behavioural econom- huisstijl (branding) is funny. ics for taking such measures. It is also possible to regard this postcard as a It is possible that both the problem statement typical white-male kind of humour that does not and its solutions are ignored, so careful treading is demonstrate inclusiveness as to women and/or other recommended. For example, Hein Schreuder points minorities. The man wears a tie, he works in an office – out that in more gender-equal societies fewer women perhaps at the RSM – the woman wears an apron, and choose to study science and technology, as women in is probably cooking his meal. He is providing for her; these societies differ more from men (Stoet and Geary, he has his hands on her shoulders. 2018). And while it might be a good idea to People who complain about these jokes are easily ask women to participate more on search dismissed as being bad sports. But stereotypes definite- committees and as role models, the ly have an effect, just as role models do. They exclude women that do so then lack the time to and include respectively. Henriëtte Prast provides evi- have careers themselves. dence pointing out how pervasive these stereotypes are However, let’s be good sports. We in the economics education offered in high schools, economists have a market failure to fix. Eline van der Heijden highlights their importance in academic careers, and Mirjam van Praag explains that REFERENCES she is happy to serve as a role model. Heijden, E. van der (1993) Vrouwen in de wetenschap. ESB, 78(3918). FIGURE 1 Stoet, G. and D.C. Geary (2018) The gender-equality paradox in science, tech- nology, engineering, and mathematics education. Psychological Science, 29(4), 581–593.
JASPER LUKKEZEN Editor-in-chief
Volume 103 (4767S) 1 November 2018 5 ESB Women in economics ESB Women in economics
DISCOURSE
Too few women in the economics debate
The natural sciences are frequently said to be a veritable scientific fields (see figure 1). Women are less likely to male stronghold. The equally striking underrepresentation obtain a full professorship in economics than in any other science; see box 1. of women in the field of economics is a less known fact. When considering the number of citations – Still, this may very well have consequences for socio- another indicator of academic impact – the conclusions regarding female representation in the science of eco- economic policy. nomics are not much more encouraging. ThePolder - parade (Maasland, 2014), a list of the most frequently cited economists in Dutch and Flemish journals, in 2014 only included the name of one woman, to wit SYLVIA n September the 19th, the economic Barbara Baarsma, taking the 30th place. TEUNISSEN section of ING published the Econ- Also in international citation rankings, female Policy advisor at omists’ compass for public financ- economists are conspicuous by their absence. In the Ministerie van es (ING, 2017). In this publication, academic publications of RePEc/IDEAS, there are Financiën (MinFin) Oeleven Dutch star economists set out their recommen- two women featuring in the top 100 of the world’s dations for the public budgetary policy. All of the ‘stars’ most cited economists: Carmen Reinhart (Harvard), COEN were men. In late August, De Telegraaf newspaper ran ranking 11th, and Asli Demirgüç (World Bank), rank- HOGENDOORN an ‘economists survey’, in which twenty prominent ing 60th. There is no sign of any marked convergence Director Begrotings- Dutch economists were asked to list their main policy – if we just look at the articles published over the last zaken at MinFin priorities in light of the formation of the new govern- decade, only five women make it to the top 100. ment. Two of them were women. These examples seem a fair reflection of female POTENTIAL CONSEQUENCES representation at the top of Dutch economic sciences. Women’s meagre representation in the field of econo At Dutch universities, in 2016, 10.4 percent of the full mics might very well have negative implications for professors in the economics departments were wom- the quality of economic research. Various papers show en. Although that is twice as many as in the previous that teams with a diverse composition (in regard to decade, economics has in the meantime been overtaken both gender and cultural background) perform bet- on this score by the field of engineering, and in 2016 ter (Woolley et al., 2010; Hoogendoorn et al., 2013). had the lowest number of female full professors of all There are indications that this conclusion also holds
6 Volume 103 (4767S) 1 November 2018 Women in economics ESB
in academia. Campbell et al. (2013) assert that, within FIGURE 1 the field of Ecology, peers were more likely to favour- Percentage of female full professors per ably rate scientific contributions when these had been academic field, 2006 and 2016 written by a mixed team of authors (male/female) than In percentages when this was not the case, and that the number of cita- 30 tions would consequently be 34 percent higher. Female 2 underrepresentation among authoritative economists can also have consequences for the manner in which 20 socio-economic policy – pertaining to a range of sub- 1 jects, such as the labour market, trade policy or the financial sector’s regulation - is nurtured and steered 10 by academic input. This would be the case if women, in comparison to their male colleagues, differ in their per- ception of economic issues. 0 May et al. (2013) discovered that male and female Economics echniek Natural sciencesHealth Sciences gricultureRemaining aw categories inguisticsSocial Culture Sciences otaal members of the American Economic Association (AEA) indeed differed in their opinions on economic policy issues, also after the correction for age differences and work environment. They even established that gen- 2016 2006 Source: VSNU der was the only relevant factor that led to statistically
Volume 103 (4767S) 1 November 2018 7 ESB Women in economics
significant differences with regard to the perception of that in the United States (US) and Europe government the desirable degree of government intervention in the regulation is too extensive. Moreover, they also mark- functioning of markets. edly differ in their opinions on redistribution: women On average, male AEA members think far more frequently support the notion that, in the US, significantly more often than their female counterparts income distribution should be more equal and that a
Box 1: Insufficient career advancement BOX 1
Of the PhD students in economics, 40 per- career-stage categories are PhD student than one. Since 2006 the GCI has been cent are female (see figure 2). This is com- (PROM), assistant professor (UD), asso- decreasing in all scientific fields, and to parable to the average in the overall fields ciate professor (UHD) and full professor a lesser extent also in economics. This of science, and it is considerably more (HGL). An index larger than one indicates signifies an improvement in the advance- than the 28 percent of female PhD stu- a relatively limited progress of women ment opportunities for women. However, dents within the various fields of natural into the next category, in comparison to advancement in economics is lower than sciences and engineering. To gain some men. Figure 3 shows the GCI for the aca- the average in other fields at any of the insight into the bottlenecks for women demic category of Economics, during the career stages, and particularly at the in their advancement towards higher period 2006–2016, and the aggregate over transition to a full professorship. Female academic positions, the VSNU has con- the various academic fields. associate professors – representing 31 structed the ‘glass-ceiling index’ (GCI). The GCI for all scientific fields is at every percent of the total of associate profes- The GCI is computed by dividing the transition – from PhD student to assist- sors in Economics – are faced with the percentage of women in a career-stage ent professor, from assistent professor fact that it is almost half as likely they will category by the percentage of women in to associate professor, and from associ- attain a full professorship than it is for the next category in the same year. The ate professor to full professor – larger their male counterparts.
Women by academic position in 2016 FIGURE 2