IDEAS home Printed from https://ideas.repec.org/p/fda/fdaddt/2022-03.html
   My bibliography  Save this paper

The Changing Roles of young single women in Jordan before the Great Recession An Explanation Using Economic Theory

Author

Listed:
  • J. Ignacio Conde-Ruiz
  • Eduardo L. Giménez

Abstract

Before the Great Recession, young single women in Jordan, like those in other Middle Eastern and North African countries with a strong Islamic cultural tradition, experienced important changes in social roles. In this paper, we claim that economic theory may help to understand some of these changing patterns. It is argued that liberalization in the Jordanian economy resulted in important changes in the Jordanian social contract regarding gender roles, school enrollment, labor participation, marriage, and fertility. In particular, three apparently disconnected contemporaneous developments may be interrelated: the increase in women’s marriage age, the growth of young single women’s participation in the labor market, and the increase in the young male unemployment rate. This process stopped in the late 2000s, both due to exogenous (the Great Recession after 2008 and the Syrian civil war in 2011) and endogenous (existing attitudes towards working women) reasons. We argue that economic conditions may play a role as the driving forces for social transformation, and opens a window for women’s opportunities and empowerness.

Suggested Citation

  • J. Ignacio Conde-Ruiz & Eduardo L. Giménez, 2022. "The Changing Roles of young single women in Jordan before the Great Recession An Explanation Using Economic Theory," Working Papers 2022-03, FEDEA.
  • Handle: RePEc:fda:fdaddt:2022-03
    as

    Download full text from publisher

    File URL: https://documentos.fedea.net/pubs/dt/2022/dt2022-03.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Fabiano Schivardi & Enrico Sette & Guido Tabellini, 2022. "Credit Misallocation During the European Financial Crisis," The Economic Journal, Royal Economic Society, vol. 132(641), pages 391-423.
    2. Dan Andrews & Filippos Petroulakis, 2017. "Breaking the Shackles: Zombie Firms, Weak Banks and Depressed Restructuring in Europe," OECD Economics Department Working Papers 1433, OECD Publishing.
    3. Fabbri, Daniela & Menichini, Anna Maria C., 2010. "Trade credit, collateral liquidation, and borrowing constraints," Journal of Financial Economics, Elsevier, vol. 96(3), pages 413-432, June.
    4. Carlos Carreira & Paulino Teixeira & Ernesto Nieto-Carrillo, 2022. "Recovery and exit of zombie firms in Portugal," Small Business Economics, Springer, vol. 59(2), pages 491-519, August.
    5. Laura Blattner & Luisa Farinha & Francisca Rebelo, 2017. "When Losses Turn Into Loans: The Cost of Undercapitalized Banks," 2017 Papers pbl215, Job Market Papers.
    6. Christian Osterhold, 2018. "Fear the walking dead: zombie firms, spillovers and exit barriers," Working Papers w201811, Banco de Portugal, Economics and Research Department.
    7. J. Ignacio Conde-Ruiz & Eduardo L. Giménez & Mikel Pérez-Nievas, 2010. "Millian Efficiency with Endogenous Fertility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(1), pages 154-187.
    8. Nieto-Carrillo, Ernesto & Carreira, Carlos & Teixeira, Paulino, 2022. "Giving zombie firms a second chance: An assessment of the reform of the Portuguese insolvency framework," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 156-181.
    9. Viral V Acharya & Tim Eisert & Christian Eufinger & Christian Hirsch, 2019. "Whatever It Takes: The Real Effects of Unconventional Monetary Policy," The Review of Financial Studies, Society for Financial Studies, vol. 32(9), pages 3366-3411.
    10. Michele Boldrin & Ana Montes, 2005. "The Intergenerational State Education and Pensions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(3), pages 651-664.
    11. Emilia Garcia‐Appendini & Judit Montoriol‐Garriga, 2020. "Trade Credit Use as Firms Approach Default," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(5), pages 1199-1229, August.
    12. Becker, Gary S & Murphy, Kevin M, 1988. "The Family and the State," Journal of Law and Economics, University of Chicago Press, vol. 31(1), pages 1-18, April.
    13. Ricardo J. Caballero & Takeo Hoshi & Anil K. Kashyap, 2008. "Zombie Lending and Depressed Restructuring in Japan," American Economic Review, American Economic Association, vol. 98(5), pages 1943-1977, December.
    14. Morris G. Danielson & Jonathan A. Scott, 2004. "Bank Loan Availability and Trade Credit Demand," The Financial Review, Eastern Finance Association, vol. 39(4), pages 579-600, November.
    15. Casey, Eddie & O'Toole, Conor M., 2014. "Bank lending constraints, trade credit and alternative financing during the financial crisis: Evidence from European SMEs," Journal of Corporate Finance, Elsevier, vol. 27(C), pages 173-193.
    16. Ana Fontoura Gouveia & Christian Osterhold, 2018. "Fear the walking dead: Zombie firms, spillovers and exit barriers," OECD Productivity Working Papers 13, OECD Publishing.
    17. Chesnais, Jean-Claude, 1992. "The Demographic Transition: Stages, Patterns, and Economic Implications," OUP Catalogue, Oxford University Press, number 9780198286592.
    18. Shen, Guangjun & Chen, Binkai, 2017. "Zombie firms and over-capacity in Chinese manufacturing," China Economic Review, Elsevier, vol. 44(C), pages 327-342.
    19. Broz, Tanja & Ridzak, Tomislav, 2017. "Lending activity and credit supply in Croatia during the crisis," Journal of Policy Modeling, Elsevier, vol. 39(6), pages 1102-1116.
    20. Miles, Rebecca, 2002. "Employment and Unemployment in Jordan: The Importance of the Gender System," World Development, Elsevier, vol. 30(3), pages 413-427, March.
    21. Frederic Boissay & Reint Gropp, 2013. "Payment Defaults and Interfirm Liquidity Provision," Review of Finance, European Finance Association, vol. 17(6), pages 1853-1894.
    22. Storz, Manuela & Koetter, Michael & Setzer, Ralph & Westphal, Andreas, 2017. "Do we want these two to tango? On zombie firms and stressed banks in Europe," IWH Discussion Papers 13/2017, Halle Institute for Economic Research (IWH).
    23. James Levinsohn & Amil Petrin, 2003. "Estimating Production Functions Using Inputs to Control for Unobservables," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 317-341.
    24. Alma Boustati, 2020. "The Evolution of Female Labour Force Participation in Jordan," Working Papers 236, Department of Economics, SOAS University of London, UK.
    25. Joe Peek & Eric S. Rosengren, 2005. "Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan," American Economic Review, American Economic Association, vol. 95(4), pages 1144-1166, September.
    26. Biais, Bruno & Gollier, Christian, 1997. "Trade Credit and Credit Rationing," The Review of Financial Studies, Society for Financial Studies, vol. 10(4), pages 903-937.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Leonor Mesquita & Carlos Carreira & Rita Martins, 2022. "Market Power in Manufacturing and Services Industries," Notas Económicas, Faculty of Economics, University of Coimbra, issue 55, pages 99-112, December.
    2. Manuel Correia de Pinho & Maria Manuel Pinho, 2022. "The 2011-2014 Economic Adjustment Programme for Portugal: A Plausible Counterfactual Scenario," Notas Económicas, Faculty of Economics, University of Coimbra, issue 55, pages 69-99, December.
    3. Nelson Gomes & Nuno Gonçalves, 2022. "Innovation and the Financial Performance of Firms during the Great Recession and Recovery Period," Notas Económicas, Faculty of Economics, University of Coimbra, issue 55, pages 115-131, December.
    4. Daniel Gomes Fernandes, 2022. "Business Cycle Accounting for the COVID-19 Recession," Notas Económicas, Faculty of Economics, University of Coimbra, issue 55, pages 47-66, December.
    5. Carlos Carreira & Joana Lopes, 2022. "The Role of Different Types of Creditors on Zombie Firm Creation," Notas Económicas, Faculty of Economics, University of Coimbra, issue 55, pages 131-142, December.
    6. Nieto-Carrillo, Ernesto & Carreira, Carlos & Teixeira, Paulino, 2022. "Giving zombie firms a second chance: An assessment of the reform of the Portuguese insolvency framework," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 156-181.
    7. Diana Bonfim & Geraldo Cerqueiro & Hans Degryse & Steven Ongena, 2023. "On-Site Inspecting Zombie Lending," Management Science, INFORMS, vol. 69(5), pages 2547-2567, May.
    8. Carlos Carreira & Paulino Teixeira & Ernesto Nieto-Carrillo, 2022. "Recovery and exit of zombie firms in Portugal," Small Business Economics, Springer, vol. 59(2), pages 491-519, August.
    9. Carlos Carreira & Paulino Teixeira & Ernesto Nieto-Carrillo, 2023. "Recovery and exit of zombie firms in Portugal: A remake," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 73(01), pages 91-108, December.
    10. Feng, Ling & Lang, Henan & Pei, Tingting, 2022. "Zombie firms and corporate savings: Evidence from Chinese manufacturing firms," International Review of Economics & Finance, Elsevier, vol. 79(C), pages 551-564.
    11. Chakrabarti, Prasenjit & Kaur, Jasmeet, 2024. "Zombie-lending during the pandemic in India: Did the Central Bank reduce credit misallocation concerns of forbearance?," Journal of Policy Modeling, Elsevier, vol. 46(1), pages 153-170.
    12. Christian Osterhold, 2018. "Fear the walking dead: zombie firms, spillovers and exit barriers," Working Papers w201811, Banco de Portugal, Economics and Research Department.
    13. Ren, Meixu & Zhao, Jinxuan & Zhao, Jingmei, 2023. "The crowding-out effect of zombie companies on fixed asset investment: Evidence from China," Research in International Business and Finance, Elsevier, vol. 65(C).
    14. Hartwig, Benny & Lieberknecht, Philipp, 2020. "Monetary policy, firm exit and productivity," Discussion Papers 61/2020, Deutsche Bundesbank.
    15. Shen, Yu & Ren, Meixu & Zhao, Jingmei, 2023. "Bank competition and zombie company: Empirical evidence from China," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 297-318.
    16. Álvarez, Laura & García-Posada, Miguel & Mayordomo, Sergio, 2023. "Distressed firms, zombie firms and zombie lending: A taxonomy," Journal of Banking & Finance, Elsevier, vol. 149(C).
    17. Cecilia Dassatti & Francesc Rodriguez-Tous & Rodrigo Lluberas, 2020. "Zombie lending: how many wondering souls are there?," Documentos de trabajo 2020003, Banco Central del Uruguay.
    18. Kaehny, Maximilian & Herweg, Fabian, 2022. "Do Zombies Rise When Interest Rates Fall? A Relationship-Banking Model," VfS Annual Conference 2022 (Basel): Big Data in Economics 264126, Verein für Socialpolitik / German Economic Association.
    19. Özlem Dursun-de Neef, H. & Schandlbauer, Alexander, 2021. "COVID-19 and lending responses of European banks," Journal of Banking & Finance, Elsevier, vol. 133(C).
    20. Fabian Herweg & Maximilian Kähny, 2022. "Do Zombies Rise when Interest Rates Fall? A Relationship Banking Model," CESifo Working Paper Series 9628, CESifo.

    More about this item

    JEL classification:

    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fda:fdaddt:2022-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carmen Arias (email available below). General contact details of provider: https://www.fedea.net .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.