English, Article edition: Gender, Monetary Policy, and Employment: The Case of Nine OECD Countries Yelena Takhtamanova; Eva Sierminska

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Gender, Monetary Policy, and Employment: The Case of Nine OECD Countries
Author
  • Yelena Takhtamanova
  • Eva Sierminska
Physical Description
  • article
Notes
  • In many countries, low and stable inflation is the focus of monetary policy. Recent empirical evidence from developing countries indicates, however, that the costs of reducing inflation are disproportionately borne by women. This paper seeks to determine whether a similar pattern is evident in nine Organisation for Economic Co-operation and Economic Development (OECD) countries, using quarterly data for 1980-2004. The study examines economy-wide and sectoral employment effects by gender by utilizing two methodologies: single equation regression and vector autoregression analysis. Results indicate that the link between monetary policy instruments (short-term interest rates) and employment in the industrial countries under investigation is weak and does not vary by gender.
  • Gender, employment, monetary policy, inflation, OECD countries, JEL Codes: E4, E5, J1,
  • RePEc:taf:femeco:v:15:y:2009:i:3:p:323-353
Language
  • English
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