Gender, monetary policy, and employment: The case of nine oecd countries

Feminist Economics

Volumn 15, Issue 3, 2009, Pages 323-353

  Takhtamanova, Yelena ^a   Sierminska, Eva ^b  

^a FEDERAL RESERVE BANK OF SAN FRANCISCO   (United States)

^b Centre d'Etudes de Populations   (Luxembourg)

Author keywords

Employment; Gender; Inflation; Monetary policy; OECD countries

Indexed keywords

EID: 70450011142     PISSN: 13545701     EISSN: 14664372     Source Type: Journal    
DOI: 10.1080/13545700902893122     Document Type: Article

References (51)

1. Abell, John D. 1991. "Distributional Effects of Monetary and Fiscal Policy: Impacts on Unemployment Rates Disaggregated by Race and Gender." American Journal of Economics and Sociology 50(3): 269-84.
2. Azmat, Ghazala, Maia Guell, and Alan Manning. 2006. "Gender Gaps in Unemployment Rates in OECD Countries." Journal of Labor Economics 24(1): 1-37.
3. Ball, Laurence. 1999a. "Aggregate Demand and Long-Run Unemployment." Brookings Papers on Economic Activity (2): 189-251.
4. Ball, Laurence. 1999b. "Policy Rules for Open Economies," in John B. Taylor, ed. Monetary Policy Rules, pp. 127-44. Chicago: University of Chicago Press.
5. Ball, Laurence. 2000. "Near-Rationality and Inflation in Two Monetary Regimes." Working Paper 7988, National Bureau of Economic Research.
6. Ball, Laurence and N. Gregory Mankiw. 2002. "The NAIRU in Theory and Practice." Journal of Economic Perspectives 16(4): 115-36.
7. Bardasi, Elena and Janet Gornick. 2008. "Working for Less? Women's Part-Time Wage Penalties across Countries." Feminist Economics 14(1): 37-72.
8. Barsky, Robert B. 1987. "The Fisher Effect and the Forecastability and Persistence of Inflation." Journal of Monetary Economics 19(1): 3-24.
9. Berik, Günseli, Yana van der Meulen Rodgers, and Ann Zammit. 2008. "Growth with Gender Inequity: Another Look at East Asian Development" in Günseli Berik, Yana Rodgers, and Ann Zammit, eds. Social Justice and Gender Equality, pp. 154-86. New York and London: Routledge.
10. Bernanke, Ben. 2004. "The Great Moderation." Remarks given at the annual meetings of the Eastern Economic Association, Washington, DC, February 20. http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2004/20040220/default.h tm (accessed February 2009).
11. Blanchard, Olivier and Stanley Fischer. 1989. Lectures on Macroeconomics. Cambridge, MA: MIT Press.
12. Blank, Rebecca. 1998. "Labor Market Dynamics and Part-Time Work," in Solomon W. Polachek, ed. Research in Labor Economics, vol 17, pp. 57-93. Greenwich, CT: JAI Press.
13. Blau, Francine, Marianne Ferber, and Anne Winkler. 1998. The Economics of Women, Men and Work. Upper Saddle Brook, NJ: Prentice Hall.
14. Booth, Alison L, Marco Francesconi, and Carlos Garcia-Serrano. 1999. "Job Tenure and Job Mobility in Britain." Industrial and Labor Relations Review 53(1): 43-70.
15. Braunstein, Elissa and James Heintz. 2008. "Gender Bias and Central Bank Policy: Employment and Inflation Reduction." International Review of Applied Economics 22(2): 173-86.
16. Buddelmeyer, Hielke, Gilles Mourre, and Melanie Ward. 2004a. "The Determinants of Part-Time Work in EU Countries: Empirical Investigations with Macro-Panel Data." Discussion Paper 1361, Institute for the Study of Labor.
17. Buddelmeyer, Hielke, Gilles Mourre, and Melanie Ward. 2004b. "Recent Developments in Part-Time Work in EU-15 Countries: Trends and Policy." Discussion Paper No. 1415, Institute for the Study of Labor.
18. Campa, Jose M. and Linda S. Goldberg. 2001. "Employment Versus Wage Adjustment and the US Dollar." Review of Economics and Statistics 83(3): 477-89.
19. Carpenter, Seth B. and William M. Rodgers III. 2004. "The Disparate Labor Market Impacts of Monetary Policy." Journal of Policy Analysis and Management 23(4): 813-30.
20. Copeland, Craig. 2007. "Employee Tenure, 2006." EBRI Notes, April.
21. Daly, Mary, Osborne Jackson, and Robert Valletta. 2007. "Educational Attainment, Unemployment and Wage Inflation." FRBSF Economic Review 49-61.
22. Doan, Thomas. 1992. RATS User's Manual. Evanston, IL: Estima.
23. Dolado, Juan, Florentino Felgueroso, and Juan E. Jimeno. 2002. "Recent Trends in Occupational Segregation by Gender: A Look across the Atlantic." Discussion Papers 524, Institute for the Study of Labor.
24. Eichenbaum, Martin and Charles L. Evans. 1995. "Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates." Quarterly Journal of Economics 110(4): 975-1010.
25. Elson, Diane and Nilüfer Çagatay. 2000. "The Social Content of Macroeconomic Policies." World Development 28(7): 1347-64.
26. Enders, Walter. 1995. Applied Econometric Time Series. New York: John Wiley and Sons.
27. Epstein, Gerald and Erinc Yeldan. 2008. "Inflation Targeting, Employment Creation and Economic Development: Assessing the Impacts and Policy Alternatives." International Review of Applied Economics 22(2): 131-44.
28. Faust, Jon, John H. Rodgers, Eric Swanson, and Jonathan Wright. 2003. "Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data." Journal of the European Economic Association 1(5): 1031-57.
29. International Monetary Fund. 2007. International Financial Statistics. http://www.imfstatistics.org/imf/ (accessed December 2007).
30. Meese, Richard and Kenneth Rogoff. 1983. "Empirical Exchange Rate Models of the Seventies: Do They Fit Out of Sample?" Journal of International Economics 14(1/2): 3-24.
31. Mishkin, Frederic. 2007. "Monetary Policy and the Dual Mandate." Speech given at Bridgewater College, Bridgewater, Virginia, on April 10. http://www.federalreserve.gov/boarddocs/speeches/2007/20070410/default.h tm (accessed February 2009).
32. Munasinghe, Lalith, Tania Reif, and Alice Henriques. 2008. "The Gender Gap in Wage Returns to Job Tenure and Experience." Labour Economics 15(6): 1296-316.
33. Nordhaus, William. 2005. "The Sources of the Productivity Rebound and the Manufacturing Employment Puzzle." Working Paper 11354, National Bureau for Economic Research.
34. Organisation for Economic Co-operation and Development. (OECD). 2004. Quarterly Economic Outlook, release 4. Paris: OECD.
35. Organisation for Economic Co-operation and Development. (OECD). 2006a. Economic Outlook (2), Paris: OECD.
36. Organisation for Economic Co-operation and Development. (OECD). 2006b. Main Economic Indicators (12). Paris: OECD.
37. Rives, Janet and Kim Sosin. 2002. "Occupations and the Cyclical Behavior of Gender Unemployment Rates." The Journal of Socio-Economics 31(3): 287-99.
38. Rogoff, Kenneth. 1992. "Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Exchange Rate." Working Paper 4119, National Bureau of Economic Research.
39. Romer, David. 2006. Advanced Macroeconomics, 3rd ed. New York: McGraw-Hill.
40. Rudebusch, Glenn and Jeffrey Fuhrer. 2004. "Estimating the Euler Equation for Output." Journal of Monetary Economics 51(6): 1133-53.
41. Rudebusch, Glenn and Lars Svensson. 1999. "Policy Rules for Inflation Targeting," in John B. Taylor, ed. Monetary Policy Rules, pp. 203-53. Chicago: University of Chicago Press.
42. Ruhm, Christopher J. 1987. "Job Tenure and Cyclical Changes in the Labor Market." Review of Economics and Statistics 69(2): 372-8.
43. Seguino, Stephanie. 2003. "Why Are Women in the Caribbean So Much More Likely than Men to Be Unemployed?" Social and Economic Studies 52(4): 83-120.
44. Sims, Christopher. 1980. "Macroeconomics and Reality." Econometrica 48(1): 1-49.
45. Singh, Ajit and Ann Zammit. 2002. "Gender Effects of the Financial Crisis in South Korea." Paper presented at New Directions in Research on Gender-Aware Macroeconomics and International Economies: An International Symposium, Levy Economics Institute of Bard College.
46. Stotsky, Janet. 2006. "Gender and Its Relevance to Macroeconomic Policy: A Survey." Working Paper 233, International Monetary Fund.
47. Svensson, Lars. 2000. "Open Economy Inflation Targeting." Journal of International Economics 50(1): 155-83.
48. Takhtamanova, Yelena and Eva Sierminska. 2008. "Gender Differences in the Effect of Monetary Policy on Employment: The Case of Nine OECD Countries." IRISS Working Paper 2008-04, CEPS/INSTEAD, Luxembourg.
49. Taylor, John. 2001. "Low Inflation, Deflation, and Policies for Future Price Stability." Monetary and Economic Studies 19(S1): 35-51.
50. Thorbecke, Willem. 2001. "Estimating the Effects of Disinflationary Monetary Policy on Minorities." Journal of Policy Modeling 23(1): 51-66.
51. Truman, Edwin. 2002. "Economic Policy and Exchange Rate Regimes: What Have We Learned in the Ten Years since Black Wednesday?" Paper presented at the European Monetary Symposium, London School of Economics, London, September 16.