Yellen condemns ‘unacceptable’ treatment of female and minority economists

Former Fed chair says more needs to be done to tackle discrimination in the profession

Janet Yellen
Janet Yellen
Photo: US Federal Reserve

Former Federal Reserve chair Janet Yellen has criticised the economics profession, saying the treatment of women and minority ethnic groups has been “unacceptable”.

Women and minorities are significantly underrepresented, Yellen told an event hosted by the Brookings Institution. Only about 30% of PhDs in the US are women, and the proportion of women in more senior academic roles is even lower, she said. The proportion of PhDs awarded to African- Americans is “low” and has declined somewhat, she

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