Depiction of Women in Economics

Women in Economics

5 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 embrace equity. Our latest Agenda podcast features a discussion on the topic between Anna Martin (Financial Services Officer at BEUC, the European Consumer Organisation), Dr Helen Jenkins (Oxera Partner), and Dr Karen Croxson (Deputy Chief Economist and Head of Research for Economic Data, Science and Behavioral Science at the UK Financial Conduct Authority).

Anna, Helen, and Karen discussed how financial inequality and the gender investment gap put women in financially vulnerable positions that can then be exacerbated by further challenges—such as the cost-of-living crisis and what policies, market changes, and other actions might help women to have more equitable access to financial markets and employment opportunities, and how barriers can be broken down to create change.



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: 5 posts

< 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

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

Articles
5 minute read
Depiction of Gender, competition policy and the grossly undervalued domestic product (GUDP)

Gender, competition policy and the grossly undervalued domestic product (GUDP)

Does modern economics value the work of men more than women, and if so, what can be done about it? The traditional approach to economics prioritises fee-earning work rather than unpaid housework and caring duties, which are undertaken largely by women. Sarah Long, Partner, Euclid Law, discusses the benefits of incorporating this unpaid contribution into competition law internationally Read More