@TechReport{iza:izadps:dp8602,
            	author={Flabbi, Luca and Macis, Mario and Moro, Andrea and Schivardi, Fabiano},
            	title={Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance},
            	year={2014},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={8602},
            	url={https://www.iza.org/index.php/publications/dp8602},
	abstract={We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This evidence is consistent with a model where female executives are better equipped at interpreting signals of productivity from female workers. This suggests substantial costs of under-representation of women at the top: for example, if women became CEOs of firms with at least 20% female employment, sales per worker would increase 6.7%.},
	keywords={glass ceiling;firm performance;gender gap;executives' gender;statistical discrimination},
            }