Why Diversity Matters
At every level of the academic hierarchy, from entering PhD student to full professor, women have been and remain a minority... Within the tenure track, from new PhD to full professor, the higher the rank, the lower the representation of women. In 2014 new doctorates were 32.9% female, falling to 29.5% for assistant professors, to 23.1% for tenured associate professors and to 12.1% for full professors.
- CSWEP 2014 annual report
The field of economics touches upon all aspects of life- from an individual's consumption choice to global trends spanning countries. And yet, the economists who constitute this social science are not representative of the very society they study.
This lack of diversity in the economics profession, relative to a diverse society, points to inefficiencies in the allocation of talent within the labor market. Compounding this inefficiency, is the missed opportunity for better research; diversity in researcher background leads to diversity in research topics and approaches.
WEB is committed to upholding values that reflect the gender diversity of our society. We welcome feedback on promoting non-gender conforming language. Research on discrimination in the social sciences shows that identity matters in the market economy; for that reason, we inevitably use language that reflects the binary or categorical nature in which gender, race, and ethnicity are treated in the marketplace.