Gender and the stability of consumption: a feminist contribution to post-Keynesian economics

S. Charusheela

Cambridge Journal of Economics, 2010, vol. 34, issue 6, 1145-1156

Abstract: Alan Coddington critiques post-Keynesians for their use of fundamental uncertainty. He argues that fundamental uncertainty should also affect the consumption function, undermining the case for Keynesian macroeconomic policies. This paper shows how contemporary feminist theory provides post-Keynesians with a compelling response to Coddington. It uses the concept of gender as an effect of heteronormativity to integrate 'the household', the institution that undertakes consumption spending, into post-Keynesian economics. This gives us a more robust analysis of the sources of consumption stability in a world marked by the fundamental unknowability of the future. Copyright The Author 2008. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Date: 2010
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