Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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February 22, 2007 Chicks on the Street

hetty_green.jpg

From an actual academic study:

We study the relation between gender and job performance among brokerage firm equity analysts. Women's representation in analyst positions drops from 16% in 1995 to 13% in 2005. We find women cover roughly 9 stocks on average compared to 10 for men. Women's earnings estimates tend to be less accurate. After controlling for forecast characteristics, the difference in accuracy is roughly equivalent to four years of experience. Despite reduced coverage and lower forecast accuracy, we find women are significantly more likely to be designated as All-Stars, which suggests they outperform at other aspects of the job such as client service.

(Pictured is Hetty Green.)

Posted by edelfenbein at February 22, 2007 11:47 AM

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