Gender Gaps in the Labor Market and Economic Growth
This paper studies the effects of policies aimed at mitigating discrimination against women in the marketplace on the gender wage gap, decisions to invest in skills, the composition of employment and unemployment, and long-run growth. The analysis...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/379881543853975376/Gender-Gaps-in-the-Labor-Market-and-Economic-Growth http://hdl.handle.net/10986/30983 |
| Summary: | This paper studies the effects of
policies aimed at mitigating discrimination against women in
the marketplace on the gender wage gap, decisions to invest
in skills, the composition of employment and unemployment,
and long-run growth. The analysis uses a gender-based
overlapping generations model with labor market rigidities.
Gender bias in the workplace varies inversely with the
presence of skilled women (as agents of change) in the labor
market and has a direct impact on their bargaining power in
the family. The model is calibrated for Morocco. Experiments
show that although the benefits of policies aimed at
mitigating gender bias in the workplace can promote growth
and be significantly magnified through a stronger presence
of skilled women in the labor market, a trade-off may emerge
with respect to female unemployment when anti-discrimination
policies are combined with policies aimed at subsidizing
women's training. To internalize this trade-off,
anti-discrimination policies in the marketplace may need to
be complemented by measures aimed at reducing labor costs
and raising productivity. |
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