Care Work and the Economy Project presented at American University’s PGAE Seminar Series
Hans Lofgren joined American University’s Program for Gender Analysis in Economics (PGAE) Seminar series to present on “Genderal Equilibrium Modeling for Analysis of Care, Gender, and Labor Markets.” His talk presented the ongoing work on the development of a gendered Computable General Equilibrium (CGE) model — GEM Care — with corresponding empirical analysis of child and elderly care over the next few decades in South Korea. This computer representation of an economy provides a structure that can capture the roles of different care services, linkages between care and gendered time use, effects of government policies, and the role of care in broader economic developments. Simulations from the model presented at this talk demonstrated the ability of this CGE analysis to capture linkages between care subsidies and wage discrimination as well as gendered labor market outcomes and broader economic indicators.