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Estimating the role of social reproduction in economic growth

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posted on 2023-08-05, 11:31 authored by Elissa Braunstein, Stephanie Seguino, Levi Altringer

A key goal of this paper is to differentiate between societies that care more and/or better than societies that invest less in care. Reasons some societies might invest more in care could be social norms around intergenerational obligation that induce altruistic preferences; strong social welfare sectors that create highly skilled and well-paid jobs in the care sector; or, more likely, gendered ideals that encourage women to provide high-quality care for little or no pay. These social production characteristics interact with the structure of the macroeconomy to influence outcomes. To set up this framework, we begin with the demand side of the macroeconomy.

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American University (Washington, D.C.)

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The Care Work and the Economy (CWE-GAM) Project strives to reduce gender gaps in economic outcomes and enhance gender equality by illuminating and properly valuing the broader economic and social contributions of caregivers and integrating care in macroeconomic policymaking toolkits. We work to provide policymakers, scholars, researchers and advocacy groups with gender-aware data, empirical evidence, and analytical tools needed to promote creative, gender-sensitive macroeconomic and social policy solutions. In this era of demographic shifts and economic change, innovative policy solutions to chronic public underinvestment in care provisioning and infrastructures and the constraints that care work places on women’s life and employment choices are needed more than ever. Sustainable development requires gender-sensitive policy tools that integrate emerging understandings of care work and its connection with labor supply, and economic and welfare outcomes.

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http://hdl.handle.net/1961/auislandora:82073

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    Economics

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