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Engines of Liberation

Jeremy Greenwood, Ananth Seshadri () and Mehmet Yorukoglu ()

No 503, RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: Electricity was born at the dawn of the last century. Households are inundated with a flood of consumer durables. What was the impact of this consumer goods revolution. It is argued here that the consumer goods revolution was conducive to liberating women from the home. To analyze this hypothesis, a Beckerian model of household production is developed. Households must decide whether or not to adopt the new technologies and whether a married woman should work. Can such a model help to explain the rise in married female labor-force participation that occurred in the last century? Yes.

Keywords: The second industrial revolution; technology adoption; household production theory; female labor force participation. (search for similar items in EconPapers)
JEL-codes: E1 J2 N1 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2003-10
New Economics Papers: this item is included in nep-dge
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Related works:
Journal Article: Engines of Liberation (2005) Downloads
Working Paper: Engines of liberation (2002) Downloads
Working Paper: Engines of Liberation (2002) Downloads
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