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Taking stock of 30 years of feminist macroeconomic modelling: why and how to gender macroeconomic analysis?

Taking stock of 30 years of feminist macroeconomic modelling: why and how to gender macroeconomic analysis?

Onaran, Özlem ORCID logoORCID: https://orcid.org/0000-0002-6345-9922 and Oyvat, Cem ORCID logoORCID: https://orcid.org/0000-0002-5097-0246 (2026) Taking stock of 30 years of feminist macroeconomic modelling: why and how to gender macroeconomic analysis? European Journal of Economics and Economic Policies: Intervention (EJEEP), 23 (2). pp. 128-142. ISSN 2052-7764 (Print), 2052-7772 (Online)

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Abstract

Taking stock of 30 years of research in feminist macroeconomics, we outline five reasons for why we need to gender macroeconomics: First, labour needs to be reproduced; hence, the care economy needs to be analysed as a key sector of the economy, including both unpaid domestic work and paid work, having significant effects on demand, supply and distribution, impacting on well-being, productivity, labour supply and demographic change and fertility. Second, gendered social norms, which in turn affect the gendered division of labour, lead to gendered behavioural differences and have a significant impact on determining macroeconomic outcomes. Third, an explicit modelling of the care sector in macroeconomic modelling is essential for an accurate analysis of the demand and supply-side interactions and adequate fiscal and industrial policy design. Fourth, the distribution of income and wealth is determined by not only class but also gendered and racial profiling of jobs. Finally, the needs of our societies in the care sectors and climate action are intersecting and interrelated, which requires gendering ecological macroeconomic analysis, moving forward towards an ecofeminist post-Keynesian/Kaleckian synthesis model.

Item Type: Article
Additional Information: This paper is based on the plenary speech at the 29th FMM Conference in October 2025 in Berlin. The usual disclaimers apply.
Uncontrolled Keywords: feminist macroeconomics, Post-Keynesian/Kaleckian, Care economy, gender, ecological economics
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce > HF5601 Accounting
J Political Science > JA Political science (General)
Faculty / School / Research Centre / Research Group: Greenwich Business School
Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA)
Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA)
Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) > Greenwich Political Economy Research Centre (GPERC)
Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA) > Greenwich Political Economy Research Centre (GPERC)
Journal of Economic Literature Classification > Greenwich Political Economy Research Centre (GPERC)
Greenwich Business School > School of Accounting, Finance and Economics
Last Modified: 17 Sep 2026 14:54
URI: https://gala.gre.ac.uk/id/eprint/54413

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