Newsletter of the Committee on the Status of Women in the Economics Profession Winter 2007 Published three times annually by the American Economic Association’s Committee on the Status of Women in the Economics Profession Announcing New CONTENTS Summer Economics From the Chair: 2 Fellows Program Annual Report: 3–8 The American Economic Association and Feature Articles: Diffi cult Discussions: the National Science Foundation are spon- How to Approach Conversations with soring a new fellowship program designed to your Chair or Dean: 9–17 increase the participation and advancement Recent Sessions at the 2007 AEA Annual of women and underrepresented minori- Meeting in Chicago January 2007: 18 ties in economics. This fellowship allows the fellow to spend a summer in residence Southern Economic Association Meeting at a sponsoring research institution such as a Barbara Fraumeni Receives the CSWEP Sessions Summaries: 20 Federal Reserve Bank or other public agency. 2006 Carolyn Shaw Bell Award CSWEP Sponsored Sessions at the 2007 During their residency, fellows participate as Eastern Economic Association Barbara Fraumeni, Professor of Public members of the research community while Meeting: 21 Policy and Chair of the Ph.D. Program in engaged in a research project of their own Public Policy at the Muskie School of Public CSWEP Sponsored Sessions at the 2007 choosing. Fellows will be mentored by expe- Service, University of Southern Maine, is a Midwest Economic Association rienced economists both on scientifi c issues, leading authority on economic growth, pro- Meeting: 21 and career issues such as negotiating pub- ductivity, non-market accounts, and human Southern Economic Association Meeting lications, the job market, and advancement and nonhuman capital. In November 2006 Call for Abstracts: 22 strategies. Fellows are typically either junior the U.S. Department of Commerce award- faculty or graduate students at the disserta- Upcoming Regional Meetings: back cover ed Professor Fraumeni the Gold Medal, its tion stage. For more details and application highest honor, for creating an R&D Satellite materials please see the program webpage at Account that treats R&D as investment and http://www.cswep.org/summerfellows. can be used to assess its contribution to eco- nomic growth and competitiveness during her tenure as Chief Economist at the Bureau of Economic Analysis. A former CSWEP board Diffi cult Discussions: member, Professor Fraumeni is a tireless How to Approach Conversations with champion for women’s advancement in the your Chair or Dean economics profession. As a program offi cer at the National Science Foundation she shep- herded the Creating Career Opportunities for 9 Introduction by Nancy Rose Female Economists (CCOFFE) junior fac- 10 Negotiating Senior Job Offers by ulty mentoring grant proposal through its Susan Athey early phase and she subsequently served as a mentor in the fi rst national workshop and 14 Discussing Parental Policies with Monika Piazzesi Receives the 2006 coordinator of the Eastern regional work- Your Dean or Department Chair by shop. The Bell award is given annually to Elaine Bennett Research Prize Fiona Scott Morton Monika Piazzesi, Professor of Finance and an individual who has furthered the status of women in economics profession, through the John Huizinga Faculty Fellow at the 16 Conversations with your Chair by example, achievements, increasing our un- University of Chicago Graduate School of Nancy Marion Business, works at the intersection of macro- derstanding of how women can advance in economics, fi nancial economics and applied the economics profession, and the mentoring time series econometrics. She has developed of others. continued on page 22 DIRECTORY OF CSWEP BOARD MEMBERS From the Chair After a wonderful celebration of CSWEP’s 35th Lisa Lynch, Chair Karine S. Moe anniversary at the ASSA meetings in January I am de- Macalester College Fletcher School of Law and Diplomacy lighted to report that CSWEP has been involved in a Tufts University 1600 Grand Avenue 160 Packard Avenue St. Paul, MN 55105 wide range of activities over the past three months. In Medford, MA 02155 (651) 696-6793 November CSWEP sponsored sessions at the Southern [email protected] FAX (651) 696-6746 Economic Association meetings including an always [email protected] popular panel discussion led by Daniel Hamermesh on Joan G. Haworth, Membership-Chair Fiona M. Scott Morton how to Jump Start Your Career. One of our major ac- ERS Group Professor of Economics and tivities in the fall is the annual survey of departments, 4901 Tower Court Strategy the results of which are presented in this newsletter. Yale School of Management Tallahassee, FL 32303 The response rate to this survey increased this year in (850) 562-1211 Box 208200 FAX (850) 562-3838 New Haven, CT 06520-8200 part due to the wonderful support we have received [email protected] (203) 432-5569 from CSWEP Associates who prodded their department chairs to complete this sur- Fax: (203) 432-6974 fi [email protected] vey. During the January 2007 ASSA meetings in Chicago CSWEP sponsored four Katharine G. Abraham sessions on gender-related issues and one on long-term growth. In addition we had University of Maryland 1218 LeFrak Hall Patricia C. Mosser a panel discussion entitled, “Looking Down the Pipeline: Female Economists in the College Park, MD 20742 Senior Vice President Making.” Eight papers from these sessions will be published this May in the American (301) 405-1004 Markets Group Economic Review Papers and Proceedings. We had a packed house at our business Federal Reserve Bank of New York FAX (301) 314-7912 session where we presented the Carolyn Shaw Bell award to Barbara Fraumeni and [email protected] 33 Liberty Street New York, NY 10045 the Elaine Bennett award to Monika Piazzesi. Monika gave a terrifi c overview of her (212) 720-6416 work on modeling interest rate movements over time and helped shed light on the so- Linda A. Bell Fax: (212) 720-2947 Economics Department Trading desk: (212)720-6860/6880 called “interest rate conundrum”. Following the business meeting we celebrated the Haverford College All numbers may be also dialed 35th anniversary with a CSWEP re- 370 Lancaster Avenue with 646 area code. Haverford, PA 19041-1392 ception for over 100 associates and [email protected] (610) 896-1253 friends. All who attended received Fax: (610) 896-1041 our now infamous 35th anniversary [email protected] Martha L. Olney University of California “Econ Diva” tee-shirts. Department of Economics As some of you may be aware, Donna Ginther 549 Evans Hall, #3880 Department of Economics concern was raised this past fall Berkeley CA 94720-3880 University of Kansas 510-642-6083 (o) about the American Economic Summerfi eld Hall [email protected] Association ad policy in Job Lawrence, KS 66045-7585 http://socs.berkeley.edu/~olney [email protected] Openings for Economists that did Nancy Rose not allow language that indicated Gail Hoyt Massachusetts Institute of interest in receiving applications University of Kentucky Technology from specifi c groups even if legal- 335D Gatton Business & Department of Economics ly allowable. Several groups and individuals contacted the AEA, including CSWEP, Economics Bldg. MIT Room E52-371B Lexington, KY 40506-0034 Cambridge MA 02139 urging a change in policy. I am pleased to report that the AEA’s Executive commit- (606) 257-2517 (617) 253-8956 tee has adopted a new policy that now states that Listings in JOE may encourage or FAX (606) 323-1920 FAX (617) 253-1330 welcome applications from either: (a) identifi able underrepresented groups, or (b) [email protected] [email protected] identifi able groups for which the Civil Rights Act and other applicable laws permit Anna Paulson Richard Startz preferences in hiring decisions. However, listings may not include language that indi- Federal Reserve Bank of Chicago Department of Economics cates discriminatory preferences in hiring. 230 South LaSalle Street University of Washington The January ASSA meeting is always a little bittersweet since part of our board Chicago, IL 60604-1412 Box 353330 cycles off. All of us on the CSWEP board would like to thank the following mem- [email protected] Seattle, WA 98195-3330 [email protected] bers who completed their terms: Rachel Croson from the University of Pennsylvania, Lori Kletzer from University of California at Santa Cruz, Sharon Oster from Yale University, and Ann Owen from Hamilton College. We welcome incoming board members: Linda Bell (Eastern rep) from Haverford College, Patricia Mosser from the Federal Reserve Bank of New York, Martha Olney (Western rep) from University of What is CSWEP? California at Berkeley, and Fiona Scott Morton from Yale University. CSWEP (the Committee on the Status of Women in the Economics Please watch the CSWEP website www.cswep.org for Calls for Abstracts for the Profession) is a standing committee of the AEA (American Economics Association). It was founded in 1971 to monitor the position of wom- 2009 ASSA meetings that will be held in San Francisco (we will sponsor sessions on en in the economics profession and to undertake activities to improve gender-related topics and industrial organization), regional meetings, and upcoming that position. Our thrice yearly newsletters are one of those activi- mentoring activities. Do not hesitate to contact the CSWEP regional reps if you are ties. See our website at www.cswep.org for more information on what interested in participating in the regional meetings, including organizing a session or we are doing. being a discussant. Finally, please consider offering your assistance to CSWEP. We are in the pro- CSWEP NEWSLETTER STAFF cess of updating our “CSWEP Associates” list so if you are interested in helping ensure Lisa Lynch, Editor Nancy Rose, Co-editor that graduate students know about their free access to CSWEP newsletter, getting your Kathy Spagnoli, Assistant Editor department survey completed, and providing some feedback to the Board on the news- Karine Moe, Oversight Editor letter and other CSWEP activities just send me an email at [email protected].