Gender and its relevance to economic performance

Dr Valéria Szekeres ()
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Dr Valéria Szekeres: Óbuda Univesity

from Óbuda University, Keleti Faculty of Business and Management

Abstract: A number of researches reveal a difference in economic behavior between women and men, which may affect macroeconomic outcomes. Such gender differences can be found in decisions on consumption, savings, investment, or risk-taking. The implications are connected to economic performance: improving the status of women and reducing gender inequality may contribute to higher growth rate and greater macroeconomic stability. Importance of genderaware research is well reflected in the efforts by the UN, OECD and the EU to highlight the unfavorable economic consequences of unequal opportunities for women and men in the labor market, particularly. The results of analysis of gender issues are closely connected to macroeconomic policy, which should take into account the benefits of measures reducing gender inequalities. Hungary also needs to take steps to diminish the traditional male-dominant attitudes in order to boost birth rates and to avoid long-term economic stagnation.

Keywords: economic behavior; economic growth; gender (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pkk:meb010:217-224

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