Gender Equality and Economic Growth in Brazil [electronic resource] : A Long-Run Analysis / Pierre-Richard Agenor

By: Agenor, Pierre-RichardContributor(s): Agenor, Pierre-Richard | Canuto, OtavianoMaterial type: TextTextPublication details: Washington, D.C., The World Bank, 2013Description: 1 online resource (41 p.)Subject(s): Economic growth | Economic Theory & Research | Gender and Law | Gender equality | Health Monitoring & Evaluation | Labor Policies | Macroeconomics and Economic Growth | Overlapping generations models | Population Policies | Poverty Reduction | Public capitalAdditional physical formats: Agenor, Pierre-Richard: Gender Equality and Economic Growth in Brazil.Online resources: Click here to access online Abstract: This paper studies the long-run impact of policies aimed at fostering gender equality on economic growth in Brazil. The first part provides a brief review of gender issues in the country. The second part presents a gender-based, three-period OLG model that accounts for women's time allocation between market work, child rearing, human capital accumulation, and home production. Bargaining between spouses depends on relative human capital stocks, and thus indirectly on access to infrastructure. The model is calibrated and various experiments are conducted, including investment in infrastructure, conditional cash transfers, a reduction in gender bias in the market place, and a composite pro-growth, pro-gender reform program. The analysis showed that fostering gender equality, which may partly depend on the externalities that infrastructure creates in terms of women's time allocation and bargaining power, may have a substantial impact on long-run growth in Brazil.
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This paper studies the long-run impact of policies aimed at fostering gender equality on economic growth in Brazil. The first part provides a brief review of gender issues in the country. The second part presents a gender-based, three-period OLG model that accounts for women's time allocation between market work, child rearing, human capital accumulation, and home production. Bargaining between spouses depends on relative human capital stocks, and thus indirectly on access to infrastructure. The model is calibrated and various experiments are conducted, including investment in infrastructure, conditional cash transfers, a reduction in gender bias in the market place, and a composite pro-growth, pro-gender reform program. The analysis showed that fostering gender equality, which may partly depend on the externalities that infrastructure creates in terms of women's time allocation and bargaining power, may have a substantial impact on long-run growth in Brazil.

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