Onaran, Özlem ORCID: 0000-0002-6345-9922, Oyvat, Cem ORCID: 0000-0002-5097-0246 and Fotopoulou, Eurydice (2022) Gendering macroeconomic analysis and development policy: a theoretical model. Feminist Economics, 28 (3). pp. 23-55. ISSN 1354-5701 (Print), 1466-4372 (Online) (doi:https://doi.org/10.1080/13545701.2022.2033294)

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Abstract

The aim of this study is to develop a feminist Post-Keynesian/Post-Kaleckian model to theoretically analyze the effects of labor market and fiscal policies on growth and employment. The study develops a three-sector gendered macroeconomic model with physical and social sectors (health, social care, education, childcare) in the public and private market economy, and an unpaid reproductive sector providing domestic care. It provides a theoretical analysis of the effects on GDP, productivity, and employment of men and women in both the short and long run, as a consequence of (1) fiscal policies, in particular public spending on social infrastructure, and (2) decreasing gender wage gaps, particularly within the social sector dominated by women. This theoretical analysis provides a basis to further analyze the impacts of an upward convergence in wages, other types of fiscal spending, and taxes.

Item Type:	Article
Uncontrolled Keywords:	gender gap, social infrastructure, feminist macroeconomics, post-Keynesian economics
Subjects:	H Social Sciences > H Social Sciences (General)
Faculty / School / Research Centre / Research Group:	Faculty of Business Faculty of Business > Department of International Business & Economics Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA) Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA) > Greenwich Political Economy Research Centre (GPERC)
Last Modified:	18 Aug 2022 14:53
URI:	http://gala.gre.ac.uk/id/eprint/30933

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