The CWE-GAM team presents an engendered macroeconomic model as a tool to analyze the role of gender equality and fiscal policy on growth and development.The model incorporates realistic structural features of a market economy –such as excess production capacity and involuntary unemployment– and incorporates an unpaid reproductive sector as well as the physical and social sectors in the public and private market economy. The addition of the unpaid reproductive sector explicitly incorporates the provision of domestic care, establishing a more holistic representation of how the workforce is kept fed, healthy, and able to work. This three-sector model is designed to serve as a tool for policy analysis and gender-responsive budgeting to develop a policy mix targeted toward more gender-equitable development. This brief provides a general overview of the model and example policy analyses.
For complete details of the model and discussion of related literature, please see the full working paper published to the Care Work and the Economy website click here