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Gendering macroeconomic analysis and development policy

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posted on 2023-08-05, 11:32 authored by Özelm Onaran, Cem Oyvat, Eurydice Fotopoulou

The aim of this paper is to develop a feminist post-Keynesian/post-Kaleckian demand-led growth model to theoretically analyse the role of labour market policies and fiscal policies on growth and employment. We develop a three-sector gendered macroeconomic model with physical and social sectors (health, social care, education, child care) in the public and private market economy, and an unpaid reproductive sector providing domestic care. The production in the market economy is performed by male and female paid labour and capital.

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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:82074

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