What Explains Differences in Finance Research Productivity During the Pandemic?

Ingrid M Werner, Brad Barber, Adair Morse, Manju Puri and Heather E. Tookes

No 15636, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: How has COVID-19 impacted faculty productivity? Does it differ by characteristics such as gender and family structure? To answer these questions, we conduct a survey of American Finance Association (AFA) members. Overall, faculty respondents report lower research productivity with less time allocated to research and more time allocated to teaching. There is also heterogeneity: 14.5% of respondents report an increase in productivity. We find the negative effects on research productivity are particularly large for women and faculty with young children regardless of gender. Thus, the pandemic has the effect of widening the gender gap for women and creates a “family gap†in productivity for both men and women with young children. Lower research productivity for faculty with young children is explained, to a large extent, by increased time spent on childcare. Our results suggest the need for deliberate policy to factor in these underlying mechanisms. We caution that a one-size-fits-all tenure-clock extension can have unintended negative consequences of increasing disparity.

Keywords: Covid-19; Pandemic; Academic finance profession; Research productivity; Gender; Family structure; Tenure (search for similar items in EconPapers)
JEL-codes: A22 A23 G0 I23 J13 J16 J22 J24 J44 (search for similar items in EconPapers)
Date: 2021-01
New Economics Papers: this item is included in nep-cfn, nep-cwa and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

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Journal Article: What Explains Differences in Finance Research Productivity during the Pandemic? (2021)
Working Paper: What Explains Differences in Finance Research Productivity During the Pandemic? (2021)
Working Paper: What Explains Differences in Finance Research Productivity during the Pandemic? (2020)
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