The output cost of gender discriminationa model-based macroeconomics estimate

Resumo

We use a growth model in which saving, fertility and labour market participation are endogenous, to quantify the cost that barriers to female labour force participation impose in terms of an economy's output. The model is calibrated to mimic the US economy's behaviour in the long-run. We find that a 50% increase in the gender wage gap leads to a 35% decrease in income per capita in the steady state. Using independent estimates of the female to male earnings ratio for a wide cross-section of countries, we construct an economy with parameters similar to those calibrated for the US economy, except for the degree of gender barriers. For several countries, a large fraction of the difference between the country's output and the US output can be ascribed to differences in gender discrimination.

Ficha do documento

Tipo

Artigo científico

Ano

2016

Instituição

Wiley-Blackwell

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso restrito

DOI

10.1111/ecoj.12303

Identificador

oai:repositorio.fgv.br:10438/23557

Temas

Economia

Palavras-chave

Labor-force participationCross-country analysisDemographic-transitionEconomic-growthWomenLiberationEconomiaDiscriminação de sexo contra as mulheresMacroeconomia