Conference

Conference on Diversity and Inclusion in Economics, Finance, and Central Banking

November 9, 2021

Virtual

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The Bank of Canada, Bank of England, Board of Governors of the Federal Reserve System, and European Central Bank are organizing the third conference on Diversity and Inclusion in Economics, Finance, and Central Banking to be held on Tuesday, November 9, 2021 at the Board of Governors of the Federal Reserve System.1 The conference will be held online. Sessions will focus primarily on issues encountered by underrepresented groups in economics, finance, and central banks.

Participants will join via WebEx. The conference will be webcast at www.federalreserve.gov and www.youtube.com/federalreserve.

1. Previous conferences were hosted by the Bank of England in 2018 and the European Central Bank in 2019. Return to text

Conference Program
Opening Remarks

Jerome Powell, (Chair, Federal Reserve Board)
Opening Remarks text

Break
Session I: Monetary Policy Committees and D&I

Chair: Césaire Meh (Bank of Canada)

"Diverse Policy Committees Can Reach Underrepresented Groups (PDF)" by Francesco D'Acunto (Boston College), Andreas Fuster (University of Chicago), and Michael Weber (University of Chicago)
Presentation (PDF)

"Do Women Matter in Monetary Policy Boards?" by Donato Masciandaro (Bocconi University), Paola Profeta (Bocconi University), and Davide Romelli (Trinity College Dublin)
Presentation (PDF)

Break
Panel: Central Banks and Inequality

Moderator: Gita Gopinath (Chief Economist, International Monetary Fund)

Panelists:
Andrew Bailey (Governor, Bank of England)
Roger Ferguson (Former Vice Chair, Federal Reserve Board)
J. Nellie Liang (Undersecretary for Domestic Finance, U.S. Treasury)
Isabel Schnabel (Board Member, European Central Bank)

Break
Keynote Speech

Chair: Julia Giese (Bank of England)
Speaker: Nobel Laureate Esther Duflo (Massachusetts Institute of Technology)

Break
Session II: Representation in Economics

Chair: Chiara Scotti (Federal Reserve Board)

"Innovative Ideas and Gender Inequality" by Marlène Koffi (University of Toronto)
Presentation (PDF)

  • Discussant: Laura Hospido (Bank of Spain)

"Gender Differences in Economic Opinions" by Hans Sievertsen (University of Bristol) and Sarah Smith (University of Bristol)
Presentation (PDF)

Break
Session III: Effect of Policies on Wage Gaps

Chair: Ana Lamo (European Central Bank)

"Pay Transparency Intervention and the Gender Pay Gap: Evidence from the UK" by Danula Gamage (Queen Mary University of London), Georgios Kavetsos (Queen Mary University of London), Sushanta Mallick (Queen Mary University of London), and Almudena Sevilla (University College London)
Presentation (PDF)

  • Discussant: Trevon Logan (The Ohio State University)
Break
Session IV: Speed session

Chair and Discussant: Raquel Fernández (New York University)
Presentation (PDF)

  • "How Socioeconomically Diverse is the Economics Profession?" By Anna Stansbury (MIT) and Robert Schultz (University of Michigan Ann Arbor)
    Presentation (PDF)
  • "Diversity and Labor Market Outcomes in the Economics Profession" by Lucia Foster (U.S. Census Bureau), Erika McEntarfer (U.S. Census Bureau), and Danielle Sandler (U.S. Census Bureau)
  • "The Effects of the 2020 Social Justice Movement on Faculty" by Mackenzie Alston (Florida State University) and Sara Jacobson (Williams College)
  • "Lifting Diversity and Inclusion in Economics: How the Australian Women in Economics Network Put the Evidence Into Action" by Rebecca Cassells (Curtin University), Leonora Risse (RMIT University), Danielle Wood (Grattan Institute), Duygu Yengin (University of Adelaide)
  • "Sex, Science and Society" by Renée Adams (Oxford University) and Jing Xu (University of Technology Sydney)
Closing Remarks

Tiff Macklem (Governor, Bank of Canada)

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Last Update: December 22, 2021