Konferenzbeitrag
The Effects of Gender Discrimination in DSGE Models
This paper theoretically analyzes the macroeconomic effects of gender discrimination against women in the labor market in a New Keynesian model. We extend standard frameworks by including unpaid household production in addition to paid labor market work, by assuming that the representative household consists of two agents, and by introducing discriminatory behavior on the firms' side. We find that, in steady state, this discrimination implies that women work inefficiently more in the household and less in the paid labor market than men. This inefficient working time allocation between women and men leads to a discrimination-induced gender wage gap, lower wages for women and men, lower ag-gregate output, and lower welfare. The analysis of dynamic effects reveals that households benefit less from positive technology shocks. Moreover, the transmission of expansionary monetary policy shocks on output and ination is lower in the discriminatory environment.
- Sprache
-
Englisch
- Erschienen in
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2019: 30 Jahre Mauerfall - Demokratie und Marktwirtschaft - Session: Macroeconomics - Business Cycles ; No. D22-V2
- Klassifikation
-
Wirtschaft
Household Production and Intrahousehold Allocation
Personal Income, Wealth, and Their Distributions
Business Fluctuations; Cycles
Monetary Policy
Labor Discrimination
- Thema
-
New Keynesian Models
Gender Discrimination
Household Production
Monetary Policy Transmission
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stempel, Daniel
Neyer, Ulrike
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel, Hamburg
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Stempel, Daniel
- Neyer, Ulrike
- ZBW - Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2019
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