Gender and Job Performance: Evidence from Wall Street / T. Clifton Green, Narasimhan Jegadeesh, Yue Tang.

Format:

Book

Author/Creator:

Green, T. Clifton.

Contributor:

National Bureau of Economic Research.

Jegadeesh, Narasimhan.

Tang, Yue.

Series:

Working Paper Series (National Bureau of Economic Research) no. w12897.

NBER working paper series no. w12897

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Gender and Job Performance

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2007.

Summary:

We study the relation between gender and job performance among brokerage firm equity analysts. Women's representation in analyst positions drops from 16% in 1995 to 13% in 2005. We find women cover roughly 9 stocks on average compared to 10 for men. Women's earnings estimates tend to be less accurate. After controlling for forecast characteristics, the difference in accuracy is roughly equivalent to four years of experience. Despite reduced coverage and lower forecast accuracy, we find women are significantly more likely to be designated as All-Stars, which suggests they outperform at other aspects of the job such as client service.

Notes:

Print version record

February 2007.