G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28679
来源IDWorking 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
URLhttps://www.nber.org/papers/w28679
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586352
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Sophie Calder-Wang,Paul Gompers,Patrick Sweeney. Venture Capital\u2019s \u201cMe Too\u201d Moment. 2021.
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