Preface | |
Introduction | p. 1 |
What Economics Is About | p. 3 |
Uses of Economic Theory | p. 4 |
The Scope of Economics | p. 5 |
Individuals, Families, and Households | p. 6 |
A Note on Terminology | p. 7 |
Outline of the Book | p. 8 |
Appendix: A Review of Supply and Demand in the Labor Market | p. 9 |
Women and Men: Changing Roles in a Changing Economy | p. 13 |
The Nature of Males and Females | p. 14 |
Factors Influencing Women's Relative Status | p. 18 |
Women's Roles and Economic Development | p. 19 |
The U.S. Experience | p. 22 |
The Preindustrial Period | p. 22 |
Industrialization | p. 23 |
Industrialization and the Evolution of the Family | p. 24 |
Women in the Labor Market | p. 29 |
Conclusions | p. 31 |
Suggested Readings | p. 33 |
The Family as an Economic Unit: The Division of Labor Between Husband and Wife | p. 34 |
The Simple Neoclassical Model: Specialization and Exchange | p. 36 |
Comparative Advantage | p. 37 |
Specialization and Exchange: Numerical Examples | p. 38 |
Gains to Specialization and Exchange | p. 41 |
Other Advantages of Joint Production and Consumption | p. 41 |
The Disadvantages of Specialization | p. 43 |
Sharing of Housework | p. 43 |
Tastes and Bargaining Power | p. 44 |
Life Cycle Changes | p. 46 |
Costs of Interdependence | p. 47 |
Disadvantages of Specialization: A Summary | p. 48 |
Transaction Cost and Bargaining Approaches | p. 49 |
Nonmarket Work | p. 50 |
Work at Home | p. 50 |
Volunteer Work | p. 56 |
Policy Issue: Specialization and Taxes | p. 59 |
Income Taxation Policy | p. 60 |
Social Security System | p. 61 |
Conclusion | p. 62 |
Appendix: Specialization and Exchange | p. 64 |
Suggested Readings | p. 71 |
The Allocation of Time Between the Household and the Labor Market | p. 72 |
The Labor Force: Some Definitions | p. 73 |
Trends in Labor Force Participation | p. 74 |
Trends in Labor Force Attachment | p. 78 |
The Labor Force Participation Decision | p. 80 |
The Budget Constraint | p. 82 |
Indifference Curves | p. 84 |
The Participation Decision | p. 87 |
The Value of Nonmarket Time (w*) | p. 89 |
Policy Issue: Government Subsidy of Child Care | p. 92 |
The Value of Market Time (w) | p. 93 |
Policy Issue: Taxes and the Decision to Work | p. 95 |
Economic Conditions | p. 95 |
The Hours Decision | p. 96 |
Analyzing Trends in Women's Participation: An Overview | p. 99 |
Factors Influencing the Value of Market Time (w) | p. 101 |
Factors Influencing the Value of Nonmarket Time (w*) | p. 103 |
The World War II Experience | p. 105 |
The Post-World War II Baby Boom | p. 107 |
The 1960s to the 1990s: A Period of Change | p. 108 |
Analyzing Trends in Men's Participation | p. 109 |
Black and White Participation Differentials: An Analysis | p. 110 |
Conclusion | p. 113 |
Appendix-The Income and Substitution Effects: A Closer Look | p. 116 |
Suggested Readings | p. 118 |
Differences in Occupations and Earnings: Overview | p. 119 |
Occupational Differences | p. 120 |
Occupational Segregation | p. 122 |
Hierarchies Within Occupations | p. 125 |
Evaluating the Extent of Occupational Segregation | p. 126 |
Trends in Occupational Segregation | p. 127 |
Earnings | p. 132 |
Conclusion | p. 137 |
Differences in Occupations and Earnings: The Human Capital Model | p. 139 |
Human Capital | p. 141 |
Gender Differences in Educational Attainment | p. 142 |
The Educational Investment Decision | p. 146 |
Education and Productivity | p. 148 |
Gender Differences in Educational Investment Decisions | p. 149 |
Expected Work Life | p. 150 |
Societal Discrimination | p. 154 |
On-The-Job Training | p. 161 |
Gender Differences in Labor Market Experience | p. 162 |
The On-The-Job Training Investment Decision | p. 164 |
General Training | p. 164 |
Firm-Specific Training | p. 165 |
Experience and Productivity | p. 167 |
Gender Differences in Training Investment Decisions | p. 168 |
Expected Work Life | p. 168 |
Discrimination | p. 170 |
Occupations and Earnings | p. 171 |
Other Supply-Side Factors | p. 173 |
The Human Capital Explanation: An Assessment | p. 174 |
Policy Issues: Increasing Women's Human Capital and Labor Force Attachment | p. 178 |
Government Training Programs | p. 178 |
The Role of Employers | p. 179 |
Conclusion | p. 187 |
Suggested Readings | p. 187 |
Differences in Occupations and Earnings: The Role of Labor Market Discrimination | p. 188 |
Labor Market Discrimination: A Definition | p. 189 |
Empirical Evidence | p. 191 |
Earnings Differences | p. 191 |
Occupational Differences | p. 195 |
Models of Labor Market Discrimination | p. 199 |
Tastes for Discrimination | p. 200 |
Statistical Discrimination | p. 208 |
The Overcrowding Model | p. 212 |
Institutional Models | p. 215 |
Feedback Effects | p. 217 |
Policy Issue: The Government and Equal Employment Opportunity | p. 219 |
Equal Employment Opportunity Laws and Regulations | p. 220 |
Effectiveness of the Government's Antidiscrimination Effort | p. 224 |
Affirmative Action | p. 225 |
Comparable Worth | p. 227 |
Policy Issue: Women and Unions | p. 231 |
Representation of Women in Labor Organizations | p. 231 |
Benefits of Union Membership | p. 231 |
Reasons for the Underrepresentation of Women in Unions | p. 233 |
Prospects for the Future | p. 234 |
Conclusion | p. 235 |
Suggested Readings | p. 236 |
Differences in Joblessness: Discouragement, Frictional and | |
Structural Unemployment | p. 238 |
Definition of Unemployment | p. 239 |
Cost of Unemployment to the Economy | p. 240 |
The Burden of Unemployment for Individuals | p. 240 |
Full Employment | p. 246 |
Incidence of Unemployment | p. 247 |
Gender and Unemployment | p. 249 |
Women and the Full Employment Target | p. 252 |
Gender Differences in the Burden of Unemployment | p. 253 |
Conclusion | p. 256 |
Suggested Readings | p. 257 |
Changing Work Roles and the Family | p. 258 |
Marriage | p. 259 |
Fertility | p. 261 |
Divorce | p. 264 |
Wife's Contributions to Earnings | p. 267 |
Satisfaction Within the Family | p. 268 |
Wife | p. 269 |
Husband | p. 273 |
Children | p. 276 |
Policy Issue: Parental Leave and Child Care Subsidies | p. 278 |
Female-Headed Families | p. 285 |
Policy Issue: Raising the Incomes of Female-Headed Families | p. 289 |
Conclusion | p. 292 |
Suggested Readings | p. 292 |
Gender Differences in Other Countries: What Can We Learn from International Comparisons? | p. 294 |
Indicators of Women's Economic Status | p. 295 |
Labor Force Participation | p. 295 |
Occupational Segregation | p. 306 |
The Male-Female Earnings Gap | p. 313 |
Government and Employer Programs for Working Families in Advanced Industrialized Countries | p. 317 |
Household Work | p. 318 |
Patterns and Interpretations | p. 320 |
Women in Developing Countries | p. 321 |
Women in the Former Union of Soviet Socialist Republics: Marxist Ideology and Soviet Practice | p. 324 |
Sweden: Ideology Vs. Tradition | p. 327 |
Conclusion | p. 329 |
Suggested Readings | p. 330 |
Epilogue | p. 331 |
Author Index | p. 335 |
Subject Index | p. 341 |
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