Female Labor Supply and Why Women Need to Be Included in Economic Models

Mariacristina De Nardi and Sharada Dharmasankar ()

Chicago Fed Letter, 2017, No 380

Abstract: Women contribute a large fraction of aggregate labor hours, earnings, and labor force participation. Yet, many models used to study the effects of government policy ignore gender differences and use data on men only. These models are used extensively for examining the effects of government policies and programs?including Social Security, taxation, and welfare programs. Before evaluating how people respond to such policies, it is important to construct a reliable model of how people behave and why.

Keywords: Labor force; Labor supply; Education; Wages; Income (search for similar items in EconPapers)
Date: 2017
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