{"id":44,"date":"2013-10-17T13:39:22","date_gmt":"2013-10-17T13:39:22","guid":{"rendered":"http:\/\/thesocietypages.org\/trot\/?p=44"},"modified":"2015-10-13T19:13:11","modified_gmt":"2015-10-13T19:13:11","slug":"where-are-the-women-in-high-finance","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/trot\/2013\/10\/17\/where-are-the-women-in-high-finance\/","title":{"rendered":"Where are the Women in High Finance?"},"content":{"rendered":"<div dir=\"ltr\">\n<div>\n<p dir=\"ltr\"><a href=\"http:\/\/www.bloomberg.com\/news\/2013-10-08\/yellen-to-be-named-fed-chairman-as-obama-taps-first-female-chief.html\" target=\"_blank\">With the recent nomination of Janet Yellen <\/a>as chairman of the Federal Reserve, a variety of news coverage has focused on<a href=\"http:\/\/www.washingtonpost.com\/opinions\/where-are-the-women-in-central-banking\/2013\/09\/19\/852b02fe-20ad-11e3-a358-1144dee636dd_story.html\" target=\"_blank\"> the lack of women at high levels in finance<\/a> or even with the necessary credentials \u2013 a PhD in economics. Why aren\u2019t there more women in such positions? Sociologists find evidence for several barriers women encounter along the way.<\/p>\n<\/div>\n<\/div>\n<div dir=\"ltr\">\n<h5 dir=\"ltr\">Fewer women tend to choose highly competitive, male-dominated professions such as economics, finance, or engineering<\/h5>\n<\/div>\n<div>\n<ul>\n<li><a href=\"http:\/\/sociology.rice.edu\/Content.aspx?id=570\">Erin Cech<\/a>, <a href=\"http:\/\/www.ilr.cornell.edu\/directory\/br263\/\">Brian Rubineau<\/a>, <a href=\"http:\/\/web.mit.edu\/futurepaths\/susan.html\">Susan Silbey<\/a>, and <a href=\"http:\/\/socialecology.uci.edu\/faculty\/seron\">Caroll Seron<\/a>. 2011. \u201c<a href=\"http:\/\/asr.sagepub.com\/content\/76\/5\/641 \">Professional Role Confidence and Gendered Persistence in Engineering<\/a>.\u201d\u00a0<i>American Sociological Review<\/i>\u00a076(5):641\u2013666.<\/li>\n<\/ul>\n<\/div>\n<div dir=\"ltr\">\n<h5>When they do join these fields, women often encounter discrimination at all levels of career progression<\/h5>\n<div>\n<ul>\n<li><a href=\"http:\/\/ecastill.scripts.mit.edu\/\">Emilio Castilla<\/a>. 2008. \u201c<a href=\"http:\/\/www.jstor.org\/stable\/10.1086\/588738\">Gender, Race, and Meritocracy in Organizational Careers<\/a>.\u201d\u00a0<i>American Journal of Sociology<\/i>\u00a0113(6):1479\u20131526.<\/li>\n<li><a href=\"http:\/\/sociology.rice.edu\/Content.aspx?id=570\">Erin Cech<\/a> and <a href=\"http:\/\/sociology.ucsd.edu\/faculty\/bio\/blairloy.shtml\">Mary Blair-Loy<\/a>. 2010. \u201c<a href=\" http:\/\/www.jstor.org\/stable\/10.1525\/sp.2010.57.3.371\">Perceiving Glass Ceilings? Meritocratic versus Structural Explanations of Gender Inequality among Women in Science and Technology<\/a>.\u201d\u00a0<i>Social Problems<\/i>\u00a057(3):371\u2013397.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div dir=\"ltr\">\n<h5>Some women leave these professions after they have children because they lack the support to meet both work and family demands.<\/h5>\n<ul>\n<li><a href=\"http:\/\/mypage.iu.edu\/~cha5\/Youngjoo_Cha.html\">Youngjoo Cha<\/a>. 2013. \u201c<a href=\"http:\/\/gas.sagepub.com\/content\/27\/2\/158\">Overwork and the Persistence of Gender Segregation in Occupations<\/a>.\u201d Gender &amp; Society.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With the recent nomination of Janet Yellen as chairman of the Federal Reserve, a variety of news coverage has focused on the lack of women at high levels in finance or even with the necessary credentials \u2013 a PhD in economics. Why aren\u2019t there more women in such positions? Sociologists find evidence for several barriers [&hellip;]<\/p>\n","protected":false},"author":1953,"featured_media":484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,13,85],"tags":[131,38545,38541,38546,76],"class_list":["post-44","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gender","category-inequality","category-politics","tag-economy","tag-gender","tag-inequality","tag-politics","tag-work"],"jetpack_featured_media_url":"https:\/\/thesocietypages.org\/trot\/files\/2013\/10\/14365668676_082f54ecb4_z.jpg","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/users\/1953"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":3,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/44\/revisions"}],"predecessor-version":[{"id":154,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/posts\/44\/revisions\/154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/media\/484"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/media?parent=44"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/categories?post=44"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/trot\/wp-json\/wp\/v2\/tags?post=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}