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dc.contributor.authorCavalcanti, Tiaoen
dc.contributor.authorTavares, Jen
dc.date.accessioned2017-09-19T08:55:07Z
dc.date.available2017-09-19T08:55:07Z
dc.date.issued2016-02-10en
dc.identifier.issn0013-0133
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/267278
dc.description.abstractWe 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 U.S. economy’s behavior in the long-run. We find that a 50 percent increase in the gender wage gap leads to a 35 percent decrease in income per capita in 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 U.S. economy, except for the degree of gender barriers. Higher discrimination decreases steady-state output per capita for two distinct reasons: a direct effect due to the decrease in female labour market participation, and an indirect effect working through an increase in fertility. For several countries, a large fraction of the difference between the country’s output and U.S. output can be ascribed to differences in gender discrimination. In addition, we find that close to half of the overall decrease in output per capita is due to the effect of gender discrimination in fertility.
dc.description.sponsorshipThis paper has benefited from the financial support from Egide and Nova Forum at Universidade Nova de Lisboa, from the Funda¸cao para Ciencia e Tecnologia (FCT) and POCTI through FEDER, and from the Conselho Nacional de Desenvolvimento Cientıfico e Tecnologico (CNPq-Brazil).
dc.language.isoenen
dc.publisherWiley-Blackwell
dc.subjectdevelopmenten
dc.subjectgender barriersen
dc.subjectfemale labour force participationen
dc.subjectfertilityen
dc.titleThe Output Cost of Gender Discrimination: A Model-based Macroeconomics Estimateen
dc.typeArticle
prism.endingPage134
prism.issueIdentifier590en
prism.publicationDate2016en
prism.publicationNameThe Economic Journalen
prism.startingPage109
prism.volume126en
dc.identifier.doi10.17863/CAM.13282
dcterms.dateAccepted2015-03-06en
rioxxterms.versionofrecord10.1111/ecoj.12303en
rioxxterms.versionAMen
rioxxterms.licenseref.urihttp://www.rioxx.net/licenses/all-rights-reserveden
rioxxterms.licenseref.startdate2016-02-10en
dc.contributor.orcidCavalcanti, Tiao [0000-0002-9627-4756]
dc.identifier.eissn1468-0297
rioxxterms.typeJournal Article/Reviewen
cam.issuedOnline2016-01-28en
rioxxterms.freetoread.startdate2018-02-10


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