Gender and Career Progression: Evidence from the Banco de España

Olympia Bover (), Laura Hospido and Ana Lamo
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Ana Lamo: EUROPEAN CENTRAL BANK

No 2443, Working Papers from Banco de España

Abstract: Using anonymised personnel records from the Banco de España, we examine gender differences in career progression. This institution features a complex professional development system, in which competitive calls, direct appointments and vertical promotions coexist. We document that the presence of women has increased markedly since the late 1990s, although not always in a monotonic manner. Comparing male and female potential candidates for the same process, we find no significant gender gaps in the probability of promotion in competitive calls, nor in direct appointments or in vertical promotions. Among managers, however, our findings suggest differences between different types of promotion processes. In promotions to/between department director and division head positions, we do find a significantly lower probability of promotion for women relative to men through competitive calls. We also find that women are less likely to apply for managerial positions in competitive calls than men. Finally, in the business areas where most economists work, we find that women are less likely than men to be promoted to/between department director and division head positions in competitive calls, but have a higher probability of achieving vertical promotions to positions immediately below these levels in the hierarchy, such as unit heads. For this group of business areas, gender differences in the probability of application are not significant.

Keywords: gender gaps; working histories; central banking (search for similar items in EconPapers)
JEL-codes: J16 J31 J41 J63 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2024-11
New Economics Papers: this item is included in nep-ban, nep-gen and nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:bde:wpaper:2443

DOI: 10.53479/38192

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