Gender and its Relevance to Macroeconomic Policy: A Survey

By J. Stotsky. Social Science Research Network, 2006

186 citations recorded by the source corpus.

This survey examines the implications of gender differences in economic behavior for macroeconomic policy. It finds that reducing gender inequality and improving the status of women may contribute to higher rates of economic growth and greater macroeconomic stability. Women's relative lack of opportunities in developing countries inhibits economic growth, while, at the same time, economic growth leads to a reduction in their disadvantaged condition. Equality of opportunity in labor and financial markets is critical to enabling women to take full advantage of improved macroeconomic conditions. Macroeconomic policies should take into account the benefits of reducing gender inequalities, especially in the lowest-income countries where these differences are most pronounced, and should consider the potentially harsher short-term effects of economic austerity measures on women to avoid exacerbating gender inequalities.

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Citations in the corpus

Feminist Economics of Inequality, Development, and Growth (2009, background): “The evidence thus far suggests that macroeconomic effects of gender inequality can be contradictory: gender inequality may stimulate some macroeconomic aggregates while having negative effects in other areas (Janet Stotsky 2006 ; Berik and Rodgers 2008; and Elissa Braunstein 2008 ).”
Strengthening access to finance for women-owned SMEs in developing countries (2015, background): “…1998, Duflo, 2003; Piesse and Simister 2003, Khandker et al. 2008, World bank, 2009 21 thomas, 1997; World bank, 2001, Klassen and lamanna, 2008, Stotsky, 2006,World bank, 2001, besley, burgess, and Esteve-volart, 2004 also show that reducing gender inequalities will contribute to higher rates…”
Women, Work, and the Economy:Macroeconomic Gains from Gender Equity (2013, background): “National income aggregates invariably omit proper accounting for the unpaid economy (Stotsky 2006b).”