Are Women Really to Blame for Secular Stagnation: Evidence from Female Labor Supply Shocks

Student: Chursina Kseniia

Educational Programme: Joint HSE-NES Undergraduate Program in Economics (Bachelor)

Final Grade: 8

Year of Graduation: 2019

In this paper, I investigate the consequences of the Grand Gender Convergence in the US. Specifically, I ask how the increase in female employment rate in the XX century affected male employment and GDP growth. I analyze cross-state US dataset and exploit the variation in gender employment gap in 1970 to distinguish female-biased labor shocks. I document the evidence of crowding out of males by females among the population of 45-64 years old. The magnitude of the documented effect is roughly 50%. I also show that this effect is mostly driven by the equalization of men and women on the family level. Finally, I find no evidence of significant negative effect of female convergence on the state-level GDP growth.

Full text (added May 26, 2019)

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