Abstract
Worldwide, women remain underrepresented in management roles, and the environment in which women are professionally trained seems to matter. This study exploits a setting where college students are split into two groups based on entry-level scores. Throughout college, students in the same group take most of the courses together. While the benefit of the first group is the interaction with high achievers, the cost is the relative disadvantage in grades. Using a regression discontinuity design, we find this relative disadvantage harms women's future chances of becoming managers. The evidence is consistent with competitive adversities curbing women's aspirations.
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