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Events

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Women in the Financial Sector
25May
Finance

Women in the Financial Sector

25 May 2022 | 9:30 a.m. – 11:00 a.m.
Zoom
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Speaker: 

Dr. Elena Simintzi
Associate Professor of Finance
Kenan-Flagler Business School
University of North Carolina

Abstract: 

We examine the sources and evolution of the gender pay gap in finance, using administrative micro data from the U.K. for 1997-2019. We show a persistently larger gender pay gap in finance, compared to other sectors. Exploiting employees who switch firms, we find the gender pay gap in finance is predominantly explained by more skilled male employees sorting into finance relative to other sectors. The gender pay gap in finance is relatively lower for flexible occupations, in firms that offer childcare benefits and in more female friendly environments. Over time, higher investment in human capital for women and sorting in high-skilled occupations within the sector as well as policy interventions have reduced the gender pay gap in finance.

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About Speaker
Dr. Elena Simintzi

Associate Professor of Finance, Kenan-Flagler Business School, University of North Carolina

Women in the Financial Sector
25 May 20229:30 a.m. – 11:00 a.m.
Zoom
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