Over the past two decades, economists have turned their attention to exploring the role of gender in the macroeconomy. This paper reviews the salient findings of that literature. Research shows that gender gaps in education, health, unpaid labor, employment, and wages have economy-wide consequences and influence the rate of growth. The effects are transmitted via both the supply side of the economy – principally through labor productivity – and the demand side – through business spending, exports, saving, and the balance of payments. In turn, a broad array of macro-level policies, including fiscal, monetary, and trade policies have differential effects by gender that, if unheeded, can undermine macro-policy goals. Their impact depends on the structure of the economy and the gender division of labor in paid and unpaid work. This survey makes clear that incorporation of gender into macro models improves the relevance of macroeconomic theory and can yield better policy results.
Engendering Macroeconomic Theory and Policy
Related Resources
-
Kazakhstan as a Humanitarian Aid Donor
Insebayeva, Nafissa. 2022. “Kazakhstan as a Humanitarian Aid Donor.” Modernity, Development and Decolonization of Knowledge in Central Asia, 47–64.
- Authors with Diverse Backgrounds
-
From ‘Social Evils’ to ‘Human Beings’: Vietnam’s LGBT Movement and the Politics of Recognition
Phuong, Pham Quynh. 2022. “From ‘Social Evils’ to ‘Human Beings’: Vietnam’s LGBT Movement and the Politics of Recognition.” Journal of Current Southeast Asian Affairs 41 (3): 422–39.
- Open Source Results
- Authors with Diverse Backgrounds