Policy Briefs

Policy Briefs

ESTIMATING THE ROLE OF SOCIAL REPRODUCTION IN ECONOMIC GROWTH

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Brief prepared by: Elissa Braunstein, Stephanie Seguino, Levi Altringer & Catherine Hensly

Publication Type: Policy Brief

Published by: Care Work and the Economy Project

 

This paper develops a conceptual macroeconomic model of growth and social reproduction. It emphasizes how norms and preferences around care provision interact with the structure of the macroeconomy to influence outcomes. Model predictions are tested to understand how distributions of production and reproduction among women, men, the state, and capital affect the dynamics of economic growth. 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 here

 

 

ACCESS TO INFRASTRUCTURE, WOMEN’S TIME ALLOCATION, AND ECONOMIC GROWTH

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Brief prepared by: Pierre-Richard Agénor, Madina Agénor & Catherine Hensly

Publication Type: Policy Brief

Published by: Care Work and the Economy Project

 

This paper emphasizes the relationship between access to infrastructure and women’s time allocations between home production, child-rearing, and the labor market by developing a simple two-period, gender-based overlapping generations (OLG) model. These time-allocation decisions are shown to influence significantly the growth outcomes in low-income developing countries. 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 here

 

 

ENDOGENOUS GROWTH, POPULATION DYNAMICS, AND RETURNS TO SCALE: LONG-RUN MACROECONOMICS WHEN DEMOGRAPHY MATTERS

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Brief prepared by: James Heintz, Nancy Folbre & Catherine Hensly

Publication Type: Policy Brief

Published by: Care Work and the Economy Project

Demographics and returns to scale (decreasing, constant, or increasing) matter when modeling long-run economic growth. Research demonstrates that family size decisions respond to economic conditions and the resulting fertility outcomes collectively drive population growth (or shrinkage). 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 here. 

 

 


Gendering Macroeconomic Analysis and Development: A Theoretical Model for Gender Equitable Development

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Brief prepared by: Özlem Onaran, Cem Oyvat, Eurydice Fotopoulou & Catherine Hensly

Publication Type: Policy Brief

Published by: Care Work and the Economy Project

 

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 here

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