The lending gap narrows for women business owners, but it’s still 31% less than for men

Jason Cheng

CNBC March 7, 2019 By Rohit Arora Key Points The number of women-owned businesses that applied for funding in 2018 increased by 13 percent, according to an annual study of 30,000 companies nationwide by Biz2Credit. The Biz2Credit research found that the average size loan for women-owned businesses was 31 percent less than for male-owned businesses. Nearly 1 in 5 loan …

Hollywood working moms and the brutal conflict between family and career

Jason Cheng

Nearly every mother in Hollywood has a horror story.

There was the time screenwriter and showrunner Aline Brosh McKenna was 8½ months pregnant and a studio executive joked, “I guess today would be a bad day to punch you in the stomach.” There was the time Nisha Ganatra, director of the upcoming Mindy Kaling film “Late Night,” went on a scouting trip to India when she was a new mom and found herself driving around the country in a van “with 15 dudes,” pumping breast milk in “a woodshed in the middle of a desert and an outhouse behind a restaurant.” There was the time a dream job offer fell through for Oscar-nominated “Mudbound” cinematographer Rachel Morrison because producers panicked that she’d be going back to work a few weeks after giving birth — something she was willing to do to help realize one of the most exciting scripts she had ever read. The experience, she says, “made me acutely aware of the prejudices in this industry, specifically in my line of work.”

Unequal depression for equal work? How the wage gap explains gendered disparities in mood disorders

Jason Cheng

Mood disorders, such as depression and anxiety, are more prevalent among women than men. This disparity may be partially due to the effects of structural gender discrimination in the work force, which acts to perpetuate gender differences in opportunities and resources and may manifest as the gender wage gap. We sought to quantify and operationalize the wage gap in order to explain the gender disparity in depression and anxiety disorders, using data from a 2001–2002 US nationally representative survey of 22,581 working adults ages 30–65.

Most Wikipedia Profiles Are of Men. This Scientist Is Changing That.

kendra

Jessica Wade has added nearly 700 Wikipedia biographies for important female and minority scientists in less than two years. “Our science can only benefit the whole of society if it’s done by the whole of society.” — Dr. Jessica Wade, a physicist who adds biographies of female and minority scientists to Wikipedia daily Fewer than 20 percent of biographies on Wikipedia in English are of women, …

Reset: My Fight for Inclusion and Lasting Change by Ellen Pao

kendra

In 2015, Ellen K. Pao sued a powerhouse Silicon Valley venture capital firm, calling out workplace discrimination and retaliation against women and other underrepresented groups. Her suit rocked the tech world. Though Pao lost her suit, she revolutionized the conversation at tech offices, in the media, and around the world. In Reset, she tells her full story for the first time.

Mapping Gender: Shedding Empirical Light on Family Courts’ Treatment of Cases Involving Abuse and Alienation

kendra

This article provides a brief literature survey, focusing on the theory of “parental alienation” which operates as a primary vehicle for making abuse invisible in custody litigation. This Article reports on the co-authors’ pilot study, which begins empirically mapping family courts’ uses of this theory. These pilot results provide preliminary empirical support for the critiques from the field.

HOW FINANCIALLY LITERATE ARE WOMEN? AN OVERVIEW AND NEW INSIGHTS

Hei-ock Kim

We document strikingly similar gender differences in financial literacy across countries. When asked
to answer questions that measure knowledge of basic financial concepts, women are less likely than
men to answer correctly and more likely to indicate that they do not know the answer. In addition,
women give themselves lower scores on financial literacy self-assessments than men. Both young
and old women show low levels of financial literacy. Moreover, women for whom financial knowledge
is likely to be very important—for example widows or single women—know little about concepts
relevant for day-to-day financial decisions. Even women in favorable economic conditions are less
financially knowledgeable than men. This is important because financial literacy has been linked to
economic behavior, including retirement planning and wealth accumulation. Women live longer than
men and are likely to spend time in widowhood. As a result, improving women’s financial literacy
is key to helping them prepare for retirement and promoting their financial security.

Women Are Better than Men at Paying Their Mortgages

kendra

Looking at loan performance for the first time by gender, however, we find that these weaker credit profiles do not translate neatly into weaker performance. In fact, when credit characteristics are held constant, women actually perform better than men. Nonetheless, since pricing is tied to credit characteristics not performance, women actually pay more relative to theiractual risk than do men.Ironically, despite their better performance, women are more likely to be denied a mortgage than men .Given that more than one-third of female only borrowers are minorities and almost half of them live in low-income communities, we need to develop more robust and accurate measures of risk to ensure that we aren’t denying mortgages to women who are fully able to make good on their payments.

50 Ways to Fight Bias: an activity that helps you combat bias at work

kendra

Gender bias is holding women back in the workplace. Whether deliberate or unconscious, bias makes it harder for women to get hired and promoted and negatively impacts their day-to-day work experiences. This hurts women and makes it difficult for companies to level the playing field.

Pairing a card-based activity with a short video series, 50 Ways to Fight Bias gives people the tools to address gender bias head-on.