Numerous theories claim to explain the gender gaps in pay and promotions. But one of the most compelling is the ‘the old boys’ club’ or perhaps more accurately the “bromance” potential – the supposed advantage men have schmoozing with other, more powerful men. Until now, most of the evidence for this has been anecdotal, but a new Harvard paper, The Old Boys’ Club: Schmoozing and the Gender Gap, by Zoe Cullen and Ricardo Perez-Truglia finds quantitative support for this idea…
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