1 option
The Aggregate Implications of Gender and Marriage / Margherita Borella, Mariacristina De Nardi, Fang Yang.
- Format:
- Book
- Author/Creator:
- Borella, Margherita.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w22817.
- NBER working paper series no. w22817
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2016.
- Summary:
- Wages, labor market participation, hours worked, and savings differ by gender and marital status. In addition, women and married people make up for a large fraction of the population and of labor market participants, total hours worked, and total earnings. For the most part, macroeconomists have been ignoring women and marriage in setting up structural models and by calibrating them using data on males only. In this paper we ask whether ignoring gender and marriage in both models and data implies that the resulting calibration matches well the key economic aggregates. We find that it does not and we ask whether there are other calibration strategies or relatively simple models of marriage that can improve the fit of the model to aggregate data.
- Notes:
- Print version record
- November 2016.
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