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Integrating the Social Reproduction of Labour into Macroeconomic Theory

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  • Mark Setterfield

    (Department of Economics, New School For Social Research, USA)

Abstract

The purpose of this paper is to contribute to the integration of unpaid care-giving in the household into short- and long-term macroeconomic theory and, in particular, the theoretical structure of production on the supply-side of the economy. The ambition of the project is to furnish a general theoretical representation of how unpaid care giving and its (gendered) social structure contributes to the technical conditions of production in the sphere of marketed output. In so doing, it aims to provide macro theorists with an apparatus that allows consistent description of both short-term (levels of activity) and long-term (rates of growth) macro outcomes in a manner that routinely integrates feminist insights regarding the gendered structure of the social reproduction of labour into macroeconomic analysis.

Suggested Citation

  • Mark Setterfield, 2024. "Integrating the Social Reproduction of Labour into Macroeconomic Theory," Working Papers 2405, New School for Social Research, Department of Economics.
    • Handle: RePEc:new:wpaper:2405
    as

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    File URL: http://www.economicpolicyresearch.org/econ/2024/NSSR_WP_052024.pdf
    File Function: First version, 2024
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Social reproduction of labour; unpaid care-giving; macroeconomic theory; potential output; natural rate of growth; technical change;
    All these keywords.

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • B54 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Feminist Economics
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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