Many assumptions economists make regarding labor markets impact the gender wage gap, job promotion inequities, diverging patterns of occupational and educational pursuits, and more. Understanding and eliminating obstacles to, and constraints around, women’s labor force participation requires a better understanding of the economics of the household.
The assumptions economists make in their models have implications not only for policymaking and choosing what data we collect, but also for the very definition of work, says Professor Maria Floro of American University.
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From the collection: Gender Economics