8 For example, see Alesina et al. (2013). See Diouf and Pépin (2017) for the specific context of monetary policy. 9 To be sure, the author explicitly acknowledges that the term gender encompasses more than the simple dichotomy male vs. female. 10 For example, by 2019, only 8% (14 out of 173) of all central banks were headed by a woman (Istrefi, 2019).
94% of all European Central Bank’s Governing Council members serving between 1998 and 2018 were men - and other major central banks do hardly any better. See also Profeta (2020b) for status quo bias and Riboni and Ruge-Murcia (2008) on inertia in committee decision-making settings.