In Women We Trust (Or Should)

A new Stigler Center paper shows the extent of sexism in the financial industry: although male financial advisers are three times as likely to engage in misconduct and twice as likely to be repeat offenders, women are far more likely to punished for it.   It is not every day that an academic research paper has the potential to make many readers uncomfortable and perhaps even angry. For some readers, not just staunch feminists, a new Stigler Center research paper by Mark Egan, Gregor Matvos, and Amit Seru titled When Harry Fired Sally: The Double Standard in Punishing Misconduct is capable of doing …