Gender, Race and Entrepreneurship

Information

A review of the economics of discrimination with a focus on the unique ways it manifests itself in firm formation and financing decisions. The presentation will cover the recent advances in testing alternative explanations for differential treatment by race and propose a framework for future research in the area.

Lecturer: Michael Ewens (Caltech)

Date: August 24th, 2020

Video


What is "discrimination"? Bertrand and Duflo (2017, pp. 1)

[M]embers of a minority group (women, Blacks, Muslims, immigrants, etc.) are treated differentially (less favorably) than members of a majority group with otherwise identical characteristics in similar circumstances.

Why do we want to study discrimination? Marianne Bertrand (2020, pp. 1) writes:

"There is a fairness and justice argument that tells us that women should share the same set of opportunities as men. There is also an efficiency argument: [models show that] greater gender equality in labor market access can improve economic growth. All of these models start from the premise than men and women share at birth similar distributions of labor-market-relevant talent. Starting from that premise, it is obvious that any barrier to women’s entry into the labor market, or into some specific occupations, will be distortive to economic outcomes."

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Gompers, Paul A., Vladimir Mukharlyamov, Emily Weisburst, and Yuhai Xuan. “Gender Gaps in Venture Capital Performance.” SSRN Scholarly Paper. Rochester, NY: Social Science Research Network, July 7, 2020. https://doi.org/10.2139/ssrn.2445497.

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Raina, Sahil. “VCs, Founders, and the Performance Gender Gap.” SSRN Scholarly Paper. Rochester, NY: Social Science Research Network, December 10, 2019. https://doi.org/10.2139/ssrn.2846047.

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Popular Data Sources

  • Kauffman Firm Survey

    • The Kauffman Firm Survey (KFS) is a panel study of 4,928 businesses founded in 2004 and tracked over their early years of operation, through 2011. The survey focuses on the nature of new business formation activity; characteristics of the strategy, offerings, and employment patterns of new businesses; the nature of the financial and organizational arrangements of these businesses; and the characteristics of their founders.

  • American Business Survey

    • The ABS is conducted by the U.S. Census Bureau and the National Science Foundation's National Center for Science and Engineering Statistics, and provides annual data on select economic and demographic characteristics of employer businesses.

  • OpenCorporates

    • Incorporation data. Information on newly-formed firms across the world.