Gender Bias in Promotions: Evidence from Financial Institutions
Review of Financial Studies (2024) Authors: Ruidi Huang, Erik Mayer, and Darius Miller Abstract: We test for gender bias in promotions at financial institutions using two central predictions of Becker’s (1957, 1993) model: firms with bias will (1) raise the promotion bar for marginally promoted female workers, and (2) incur costs from forgoing efficient employment practices. We find support for both of …