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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28679 |
来源ID | Working Paper 28679 |
Venture Capital\u2019s \u201cMe Too\u201d Moment | |
Sophie Calder-Wang; Paul Gompers; Patrick Sweeney | |
发表日期 | 2021-04-12 |
出版年 | 2021 |
语种 | 英语 |
摘要 | In this paper, we document the historically low rate of hiring of women in the venture capital sector. We find that the high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference-in-differences regressions, we find that the rate of hiring of female venture capitalists increased substantially after the trial and that the hiring was more pronounced in states that were more receptive to the exposure. We use the state-level mandated maternity benefits as an instrument for the receptivity to the treatment effects of the Pao Trial. We also show that the fraction of founders who are female increases after the Pao Trial, but that the increase is driven entirely by the hiring of female venture capitalists. There is no increase in the propensity of male venture capitalists to invest in female founders in the post-Pao Trial period. |
主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Demography and Aging ; Labor Discrimination ; Other ; Law and Economics |
URL | https://www.nber.org/papers/w28679 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586352 |
推荐引用方式 GB/T 7714 | Sophie Calder-Wang,Paul Gompers,Patrick Sweeney. Venture Capital\u2019s \u201cMe Too\u201d Moment. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28679.pdf(726KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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