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Why do Women feel the way they do about market work: the role of familial, social and economic factors

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  • Bisakha Sen

Abstract

Various empirical studies find evidence of that women tend to underestimate the probability that they will work in the market in the future. This can lead to initial under-investment in market human capital and resulting earnings penalties later in life. However, virtually no study investigates the familial, social and economic factors that cause women to plan/expect not to work. Thus the onus of “incorrect” plans is placed wholly on the women, and society absolved of any responsibilities in helping form those plans. This work uses data from the NLSYW and investigates the effects of a wide range of factors on women's future work plans. Results indicate that plans are definitely not formed in a vacuum, and that familial, social and economic circumstances all play a decisive role in shaping them. Some suggestions are made for policy formation to encourage women to plan on working in future.

Suggested Citation

  • Bisakha Sen, 2003. "Why do Women feel the way they do about market work: the role of familial, social and economic factors," Review of Social Economy, Taylor & Francis Journals, vol. 61(2), pages 211-234.
    • Handle: RePEc:taf:rsocec:v:61:y:2003:i:2:p:211-234
    DOI: 10.1080/0034676032000098228
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    References listed on IDEAS

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    1. Yoram Weiss & Reuben Gronau, 1981. "Expected Interruptions in Labour Force Participation and Sex-Related Differences in Earnings Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(4), pages 607-619.
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    4. Francine D. Blau & Marianne A. Ferber, 1991. "Career Plans and Expectations of Young Women and Men: The Earnings Gap and Labor Force Participation," Journal of Human Resources, University of Wisconsin Press, vol. 26(4), pages 581-607.
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    Keywords

    Women; work; plans; family; human capital;
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