Chapter 54: Economics of Gender

Lena Nekby & Peter Skogman Thoursie

Economics of gender This chapter on the economics of gender discusses the role of gender in the labor market from an economic perspective. Focus on the labor market is motivated by the fact that labor earnings are arguably the most important component of an individual's income and a major determinant of living standards. Earnings are also correlated with employment opportunities, occupation, promotion, and job mobility, all of which, for reasons that are discussed in greater detail below, are influenced by gender. Although there are other arenas where gender is of economic importance (e.g., gender differences in the division of child care and domestic labor, access to day care, and health), these topics are not covered in this chapter. Interested readers should instead turn to the chapters on the economics of the family and feminist economics. This chapter focuses on the theoretical foundation for gender differences in the labor market as ...

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