The Impacts of Gender Inequality on Macroeconomic Variables in The Framework of a DSGE Model

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Zare Shahneh Mohammadmahdi; NASROLLAHI ZAHRA; PARSA HOJAT

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Journal: JOURNAL OF APPLIED THEORIES OF ECONOMICS Year:2020 | Volume:7 | Issue:1 Page(s): 29-60

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Title

The Impacts of Gender Inequality on Macroeconomic Variables in The Framework of a DSGE Model

Author(s)

Zare Shahneh Mohammadmahdi | NASROLLAHI ZAHRA | PARSA HOJAT | Issue Writer Certificate

Keywords

gender inequalityQ2

EmploymentQ2

Dynamic Stochastic General Equilibrium ModelQ1

Abstract

Women, as half of the population of the society, play a decisive role in economic, political and social activities. So, in this paper, the effects of monetary, supply of female labor force and technology shocks on macroeconomic variables such as production, Employment of women and men, total Employment and gender inequality in the labor market are discussed, in the framework of a DSGE model. The results indicate that monetary and technology shocks increase production, Employment of women and men, and total Employment. These shocks increase men's Employment more than women's, and as a result, gender inequality in the labor market increases. Supply of female labor force shock increases production, total Employment and women's Employment, and reduces men's Employment, as a result, gender inequality in the labor market decreases. This study helps economic policymakers and planners to assess the impact of these shocks on economic variables, especially on the Employment of men and women, and gender inequality in the labor market, and, by adopting appropriate policies, reduce the inefficiencies.

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APA: Copy

Zare Shahneh, Mohammadmahdi, NASROLLAHI, ZAHRA, & PARSA, HOJAT. (2020). The Impacts of Gender Inequality on Macroeconomic Variables in The Framework of a DSGE Model. JOURNAL OF APPLIED THEORIES OF ECONOMICS, 7(1 ), 29-60. SID. https://sid.ir/paper/405065/en

Vancouver: Copy

Zare Shahneh Mohammadmahdi, NASROLLAHI ZAHRA, PARSA HOJAT. The Impacts of Gender Inequality on Macroeconomic Variables in The Framework of a DSGE Model. JOURNAL OF APPLIED THEORIES OF ECONOMICS[Internet]. 2020;7(1 ):29-60. Available from: https://sid.ir/paper/405065/en

IEEE: Copy

Mohammadmahdi Zare Shahneh, ZAHRA NASROLLAHI, and HOJAT PARSA, “The Impacts of Gender Inequality on Macroeconomic Variables in The Framework of a DSGE Model,” JOURNAL OF APPLIED THEORIES OF ECONOMICS, vol. 7, no. 1 , pp. 29–60, 2020, [Online]. Available: https://sid.ir/paper/405065/en

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