Author: Titan Alon Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
We examine the impact of the global recession triggered by the Covid-19 pandemic on women's versus men's employment. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the moniker "mancessions," we show that the pandemic recession of 2020 was a "shecession" in most countries with larger employment declines among women. We examine the causes behind this pattern using micro data from several national labor force surveys, and show that both the composition of women's employment across industries and occupations as well as increased childcare needs during closures of schools and daycare centers made important contributions. While many countries exhibit similar patterns, we also emphasize how policy choices such as furloughing policies and the extent of school closures shape the pandemic's impact on the labor market. Another notable finding is the central role of telecommuting: gender gaps in the employment impact of the pandemic arise almost entirely among workers who are unable to work from home. Nevertheless, among telecommuters a different kind of gender gap arises: women working from home during the pandemic spent more work time also doing childcare and experienced greater productivity reductions than men. We discuss what our findings imply for gender equality in a post-pandemic labor market that will likely continue to be characterized by pervasive telecommuting.
Author: Martin Eichenbaum Publisher: University of Chicago Press ISBN: 0226821722 Category : Business & Economics Languages : en Pages : 491
Book Description
The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty—such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies—on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.
Author: Wharton, Amy S. Publisher: Edward Elgar Publishing ISBN: 183910161X Category : Business & Economics Languages : en Pages : 192
Book Description
This Advanced Introduction examines the economic, social, and political conditions that have shaped the 21st century workplace in wealthy democracies, highlighting the changes in work since the 1970s which have produced the ‘new economy’. Amy S. Wharton illuminates important aspects of today’s workplace, including the service economy, customer-facing jobs, the transformative effects of digital platforms, and the ‘opening’ of the employment relationship.
Author: Pablo Baisotti Publisher: Liverpool University Press ISBN: 1782847723 Category : Political Science Languages : en Pages : 303
Book Description
The pandemic has deepened existing trends in the international system, in particular the readjustment of alliances between nations and between regions. As spheres of influence disintegrate and reform, so national and regional security policies will change in unforeseen ways notwithstanding that individual state self-preservation will dominate policy choice. Three major dimensions are addressed. The first dimension is International Relations and Economy. The coronavirus has accelerated a global economic crisis comparable to those of 1929, 1987 and 2008. Are the major economic trading blocs moving to a war economy, and who might win or lose in this context? The second dimension of analysis is the growth of Information Communication. Hybrid and fragmented, especially in terms of the use of social media, the use of veiled threat and promoting discord in the form of providing provocative information on topics of the day can lead to conflict consequences and all its negative impacts. The third dimension is Geopolitical Reconfiguration. While world powers are always manoeuvring for an enhanced military and economic position, the pandemic offers new opportunities to capitalise on the changing power balance. The editors and contributors engage with the differing power polarities between China, the United States, India, Brazil, Russia, and the European Union. This book is one of the first to present research on the effects of COVID-19 on national public policy. Cross-cultural analysis of its effects, and the way in which different societies have addressed the fight against the virus, provides insight into the relations between states and possible solutions in the international arena. The work is essential reading for all those involved in international affairs and policy-making.
Author: Mrs. Nina Budina Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 49
Book Description
When and how do natural disasters worsen within-country income inequality? We highlight the channels through which natural disasters may have distributional effects and empirically analyze when and which type of disasters affect inequality in advanced economies (AEs) and in emerging and developing economies (EMDEs). We find that in AEs inequality increases after severe disasters. We also find that inequality increases if severe disasters are associated with growth slowdowns or there are multiple disasters in a year in AEs and in EMDEs. Descriptive evidence for the US also suggests that adverse labor market effects of disasters are likely to fall on vulnerable groups.
Author: Publisher: Elsevier ISBN: 0323899668 Category : Business & Economics Languages : en Pages : 536
Book Description
Handbook of the Economics of the Family, Volume One includes comprehensive surveys of the current state of the economics literaure in the field, prepared by leading scholars, with a particular empahsis on the most recent developments in each area. Chapters cover Culture and the family; Mating markets; Household decisions and intra-household distributions; The economics of fertility: a new era; Families, labor markets, and policy; Family background, neighborhoods, and intergenerational mobility; The great transition: Kuznets facts for family-economists; An institutional perspective on the economics of the family. An economics approach to changing family arrangements Understanding of inequality and intergenerational mobility Evolution of gender roles within families and across societies
Author: Ms. Lisa L Kolovich Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 429
Book Description
Efforts to achieve gender equality will not only help sub-Saharan Africa revive its inclusive growth engine but also will ensure progress towards the Sustainable Development Goals and help address the main disruptive challenges of this century. This book explores the progress made in gender equality in the region, highlighting both the challenges and successes in areas such as legal reforms; education; health; gender-based violence; harmful practices, such as child marriage; and financial inclusion. It takes stock of initiatives towards integrating gender into core macroeconomic and structural reforms, such as through implementing gender budgeting and examines the role that fiscal and other policies can play in closing gender gaps when they are mindful of distributional impacts. Drawing from extensive research across different institutions, the book underscores the macroeconomic significance of gender equality, emphasizing its potential to drive GDP growth, enhance economic stability, reduce income inequality, and foster sustainable development. It lays out how gender gaps interact with emerging challenges, such as digitalization, and explores the impact of global megatrends, such as climate change, on gender inequality, offering strategies for inclusive policy responses—including in a context where women and girls are still carrying a disproportionate care burden that is often not captured in economic measurement. The book aims to serve as a roadmap for policymakers, stakeholders, and advocates seeking to harness the untapped potential of gender equality—for its own sake and for the region's inclusive, sustainable, and green development. It calls for concerted efforts to dismantle structural barriers, transform social norms, and prioritize gender-responsive policies to unlock the full economic potential of sub-Saharan Africa.
Author: Troy Tassier Publisher: JHU Press ISBN: 1421448238 Category : Political Science Languages : en Pages : 238
Book Description
How can we make society more resilient to outbreaks and avoid forcing the poor and working class to bear the brunt of their harm? When an epidemic outbreak occurs, the most physical and financial harm historically falls upon the people who can least afford it: the economically and socially marginalized. Where people live and work, how they commute and socialize, and more have a huge impact on the risks we bear during an outbreak. In The Rich Flee and the Poor Take the Bus, economist Troy Tassier examines examples ranging from the 430 BCE plague of Athens to the COVID-19 pandemic to demonstrate why marginalized groups bear the largest burden of epidemic costs—and how to avoid these systemic failures in the future. The links between epidemics and social issues—such as inequality, discrimination, and financial insecurity—are not always direct or clear. Tassier reveals truths hidden in plain sight, from the way population density statistics can be misleading to the often-misunderstood differences between risk and uncertainty. The disproportionate harm experienced by marginalized individuals is not the product of their own decisions; instead, the collective choices of society and the tangled web of interactions across people and communities leave these groups most exposed to the perils of epidemics. However, there is reason to hope. Utilizing a wealth of economic and population data, Tassier argues that we can leverage lessons learned from historic and recent outbreaks to design better economic and social policies and more just institutions to protect everyone in society when inevitable future epidemics arrive.
Author: Mr. John C Bluedorn Publisher: International Monetary Fund ISBN: 1513575929 Category : Business & Economics Languages : en Pages : 24
Book Description
Early evidence on the pandemic’s effects pointed to women’s employment falling disproportionately, leading observers to call a “she-cession.” This paper documents the extent and persistence of this phenomenon in a quarterly sample of 38 advanced and emerging market economies. We show that there is a large degree of heterogeneity across countries, with over half to two-thirds exhibiting larger declines in women’s than men’s employment rates. These gender differences in COVID-19’s effects are typically short-lived, lasting only a quarter or two on average. We also show that she-cessions are strongly related to COVID-19’s impacts on gender shares in employment within sectors.
Author: Titan Alon
Author: Martin Eichenbaum
Author: Wharton, Amy S.
Author: Pablo Baisotti
Author: Mrs. Nina Budina
Author: 
Author: Ms. Lisa L Kolovich
Author: Troy Tassier
Author: Mandi M. Larsen
Author: Mr. John C Bluedorn