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  • Small Firm Diaries Team

Accounting for the Gender Profit Gap

Updated: Mar 23, 2021

Links and Resources

A big part of the Small Firm Diaries will be exploring barriers to women-led businesses and reasons behind the gender profit gap. On March 2, the Financial Access Initiative held a faiVLive webinar on the latest research about the gender profit gap, with Nava Ashraf, Morgan Hardy, Rachael Pierotti, and Tatiana Rincón, and moderated by Tim Ogden. Watch a recording of our discussion here.

Below we share links to some key research discussed during the webinar.


Research into Closing the Gender Profit Gap

A preliminary but expanding website created by Morgan Hardy and Gisella Kagy, built to serve as a public resource for a global network of researchers interested in contributing to the broader research agenda. The organizers welcome suggestions for relevant data links, as well as submissions of new papers and ongoing projects, via the website.


Ashraf, Nava, 2009. Spousal Control and Intra-Household Decision Making: An Experimental Study in the Philippines

Ashraf, Nava, Alexia Delfino & Edward L. Glaeser, 2019. Rule of Law and Female Entrepreneurship

Bernhardt, Arielle, Erica Field, Rohini Pande, Natalia Rigol, 2019. Household Matters: Revisiting the Returns to Capital among Female Microentrepreneurs

Delecourt, Solène and Odyssia Ng, 2021. Does Gender Matter for Small Business Performance? Experimental Evidence from India

Field, Erica M., Rohini Pande, Natalia Rigol, Simone G. Schaner & Charity Troyer Moore, 2019. On Her Own Account: How Strengthening Women's Financial Control Affects Labor Supply and Gender Norms

Friedson-Ridenoura, Sophia and Rachael S. Pierotti 2019. Competing priorities: Women’s microenterprises and household relationships

Guérin, Isabelle, Christophe Jalil Nordman, Elena Reboul, 2021. The Gender of Debt and Credit: Insights from Rural Tamil Nadu

Hardy, Morgan and Gisella Kagy. 2018. Mind The (Profit) Gap: Why Are Female Enterprise Owners Earning Less Than Men?

Hardy, Morgan and Gisella Kagy, 2020. It’s Getting Crowded in Here: Experimental Evidence of Demand Constraints in the Gender Profit Gap.

Riley, Emma, 2020. Resisting social pressure in the household using mobile money: Experimental evidence on microenterprise investment in Uganda

Blog Posts on Women in Business

IDRC, Unleashing creativity and the confidence to dream

Fundacion Capital’s work on women-led businesses with insights about coping mechanisms women are adopting.

Portal FinDev, Las Mujeres enfrentando los Impactos del Covid-19

More on women's coping mechanisms (in Spanish)

Social Protection Goes Digital

Supporting women's micro-business under mobility restrictions caused by the pandemic in Paraguay, using technology as an alternative for in-person visits.

The importance of a gender-based approach for MSE resilience and reinvention

Gender analysis to better design initiatives for women-led businesses (tambien en Espanol).

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