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Some preliminary evidence of the impact of the 2008-2009 financial crisis on women

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  • Richard Grabowski
  • Sharmistha Self

Abstract

Beginning in late 2007 and into 2008, a financial crisis originating in the United States spread throughout the world. This article seeks to present preliminary evidence of the impact of this crisis on female labour force participation and the proportion of females working in nonagricultural sectors. A panel data set involving 171 countries is utilized, and the results indicate that the financial crisis led to increases in female labour force participation as well as the proportion of females working in the nonagricultural sector. There are differences in impact for countries of various income levels (low, middle and high). In addition, female political power has also led to increases in the economic participation of females.

Suggested Citation

  • Richard Grabowski & Sharmistha Self, 2014. "Some preliminary evidence of the impact of the 2008-2009 financial crisis on women," Applied Economics, Taylor & Francis Journals, vol. 46(30), pages 3673-3681, October.
  • Handle: RePEc:taf:applec:v:46:y:2014:i:30:p:3673-3681
    DOI: 10.1080/00036846.2014.937039
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    References listed on IDEAS

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    1. Lim, Joseph Y., 2000. "The Effects of the East Asian Crisis on the Employment of Women and Men: The Philippine Case," World Development, Elsevier, vol. 28(7), pages 1285-1306, July.
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    Cited by:

    1. Seema Narayan & Tri Tung Nguyen & Xuan-Hoa Nghiem, 2021. "Does Economic Integration Increase Female Labour Force Participation? Labour Force Participation?," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 24(1), pages 1-34, March.

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