A Model of Gender Inequality and Economic Growth
In many developing countries, disparity in access to quality education between girls and boys adversely impacts the girls’ ability to build human and social capital, lowering their job opportunities and wage in labor markets.
The role of women in economic development has been a popular topic in academic and policy debates. The last half century has witnessed a drastic increase in labor participation of women in most developed and developing countries. However, there is still significant underutilization and misallocation of women’s skills and talents. In many developing countries, inequality in access to quality education between girls and boys adversely impacts girls’ ability to build human and social capital, lowering their job opportunities and wage in labor markets.
The objective of this paper is to develop a model that can analyze the role of gender inequality on long-term economic growth.
Contents
- Introduction
- The Model
- Calibration and Balanced Growth Path
- Gender-based Policies
- Concluding Remarks
- Appendix
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