Depiction of Women in Economics

Women in Economics

6 Posts

Women have a long and prestigious history in economics, pioneering the field and solving some of society’s greatest problems.

Economics and finance offer insights into many of the challenges that women face both in the workplace and at home. It provides frameworks to navigate, understand and address issues such as the lack of parity in pay, access to education, career progression and caring responsibilities.

This year’s theme for International Women’s Day, on 8 March, calls for us to inspire inclusion. STEM (Science, Technology, Engineering and Maths) industries, including economics, are known for having a significant gender gap. In 2023, women made up only 28% of the UK’s and 7% of the European Union’s STEM workforce. There is also a substantial underrepresentation of women in leadership roles in STEM industries, for example, the financial services industry had only 30% women in senior management roles in 2022.

By supporting young women who are interested in studying or are planning to embark upon a career in STEM, together, we can be part of the change. This next generation of young women in STEM have already begun to overcome gender barriers and biases, and the women who are already working in STEM can help them navigate the next steps in their careers.

We’re hosting a webinar on 26 March for young women who are studying STEM-based subjects in higher education or at graduate or post-graduate level, to introduce them to Oxera’s women in economics. Join us to hear their experiences and thoughts on the opportunities and barriers presented by the current gender imbalance, what more can be done to improve inclusion, and why equality in STEM improves outcomes for business and society.



In 2021, Helen Ralston-Smith, Partner, and Shreya Gupta, Principal, offered their thoughts on how economics can help us to shape more inclusive policy and recognise the contribution that women as a whole make to society.

Women in Economics: 6 posts

Articles
11 minute read
Depiction of Women and work: the impact of childcare support

Women and work: the impact of childcare support

In April 2024, the UK government will roll out the first phase of its new childcare funding programme, as announced in the Chancellor’s Spring Budget 2023. Official estimates may be understating the expected beneficial effects, underplaying the likely responsiveness of women to this support in terms of increased participation and… Read More

< 1 minute read
Depiction of Breaking the Bias

Breaking the Bias

This year, International Women’s Day calls for us to ‘Break the Bias’. We have used economics to identify and define bias, as well as to find solutions to combat it. Dr Antara Dutta, Amazon’s In-House Economist, and two of our own economists—Economic Adviser, Katie-Lee English and Senior Consultant,… Read More

Articles
9 minute read
Depiction of Discrimination in labour markets: how does the past affect the future?

Discrimination in labour markets: how does the past affect the future?

A large body of academic literature has sought to explain why members of observably different groups fare so differently in the labour market. Theories of distaste towards certain groups, alongside ‘rational’ models of statistical discrimination, have attempted to explain the well-documented disparities in wages and employment rates that exist between those of different gender, race and nationality. In this article, Eduard Krkoska, Doctoral Candidate in Economics at the University of Oxford and former Oxera intern, explores how these theories interact with each other and develop over time. Read More

Articles
11 minute read
Depiction of Gender on the agenda: improving inclusivity in competition analysis

Gender on the agenda: improving inclusivity in competition analysis

The Organisation for Economic Co-operation and Development (OECD) has launched an initiative to explore whether applying a gender ‘lens’ can help deliver more effective competition policy. As surveys are often used to help define markets and assess the impact of mergers, the OECD asked Oxera to assess gender differences in surveys carried out in past competition cases. What differences does our study find, and does gender matter in competition policy? Read More

1 minute read
Depiction of Women in Economics

Women in Economics

‘An equal world is an enabled world’ In honour of International Women’s Day 2020, which takes place on 8 March, this month’s Agenda podcast is dedicated to women in economics. Read More

Articles
11 minute read
Depiction of The risks of using algorithms in business: artificial intelligence and real discrimination

The risks of using algorithms in business: artificial intelligence and real discrimination

Algorithms influence many aspects of our work and social lives. They affect what adverts we see, what shows we watch, and whether we get a job. As these tools become increasingly widespread, they pose new challenges to businesses. We look at concerns regarding the use of algorithms in areas where the role of computer programs and complex modelling has traditionally been limited, and consider whether AI might result in illegal discrimination Read More