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Female Labor Force Participation and Welfare if Status Conscious with Multiple Reference Groups

  • Mihaela Pintea

    ()

    (Department of Economics, Florida International University)

I develop a model with status concerns to analyze how different economic factors affect female participation, average household income and wage, as well as the welfare of both stay-at-home and working wives. Reductions in the price of domestic goods and increases in female wages have positive effects on female participation. Increases in male wages have different effects on female participation depending on whether they affect female wages or not. Events that lead to increases in female participation are usually associated with decreases in the welfare of stay-at-home wives, but are not necessarily associated with increases in welfare of working wives

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File URL: http://casgroup.fiu.edu/pages/docs/1569/1280267734_09-15.pdf
File Function: First version, 2009
Download Restriction: no

Paper provided by Florida International University, Department of Economics in its series Working Papers with number 0915.

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Length: 38 pages
Date of creation: Dec 2009
Date of revision:
Handle: RePEc:fiu:wpaper:0915
Contact details of provider: Postal: Miami, FL 33199
Phone: (305) 348-2316
Fax: (305) 348-1524
Web page: http://casgroup.fiu.edu/Economics/

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