Locked-in at Home: Female Analysts' Attention at Work during the COVID-19 Pandemic
73 Pages Posted: 3 Dec 2020 Last revised: 28 Mar 2021
Date Written: October 27, 2020
This paper explores the shock of school closures caused by the COVID-19 pandemic to study the effect of domestic responsibilities on analysts' attention at work. School closures significantly reduce the forecast timeliness of female analysts rather than that of male analysts. Using manually-collected data on whether analysts have children, I show that mothers are 20% less likely to issue timely forecasts after school closures. Professional women are more likely to get distracted from work by domestic duties, which makes it harder for them to be as successful as their male counterparts in competitive industries.
Keywords: Forecast timeliness, Analyst forecasts, Limited attention, Gender inequality
JEL Classification: G24, G41, J16, J22
Suggested Citation: Suggested Citation