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Central banking at the top: it’s a man’s world
[La gouvernance des banques centrales : "un monde d’hommes ?"]

Author

Listed:
  • Klodiana Istrefi
  • Giulia Sestieri

Abstract

Women are underrepresented in central bank governance. In 2018, only 11 out of 173 central banks are headed by a woman. The ethical case for gender rebalancing in central bank governance is a sufficient reason alone, but we could go further and provokingly ask whether women have a different leaning to monetary policy objectives than men? An investigation of former and present US Fed policymakers suggests that this is not necessarily the case. Les femmes sont sous-représentées dans la gouvernance des banques centrales. En 2018, sur 173 banques centrales, seules 11 sont dirigées par une femme. À elle seule, l’éthique justifie un rééquilibrage hommes-femmes à ce niveau, mais on pourrait se demander si les femmes ont une orientation différente de celle des hommes s’agissant des objectifs de politique monétaire ? Pas nécessairement, si l’on étudie l’histoire des membres du FOMC de la Fed.

Suggested Citation

  • Klodiana Istrefi & Giulia Sestieri, 2018. "Central banking at the top: it’s a man’s world [La gouvernance des banques centrales : "un monde d’hommes ?"]," Eco Notepad (in progress) 88, Banque de France.
  • Handle: RePEc:bfr:econot:88
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