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What Can Boost Female Labor Force Participation in Asia?

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  • Yuko Kinoshita
  • Fang Guo

Abstract

Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a rapidly aging population. Though FLFP has generally been on a rising trend, the female labor force in both countries is skewed towards non-regular employment despite women’s high education levels. This paper empirically examines what helps Japan and Korea to increase FLFP by type (i.e., regular vs. non-regular employment), using the SVAR model. In so doing, we compare these two Asian countries with two Nordic countries Norway and Finland. The main findings are: (i) child cash allowances tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap encourages more non-regular employment, (iii) a greater proportion of regular female employment is associated with higher fertility, and (iv) there is a need for more public spending on childcare for age 6-11 in Japan and Korea to help women continue to work.

Suggested Citation

  • Yuko Kinoshita & Fang Guo, 2015. "What Can Boost Female Labor Force Participation in Asia?," IMF Working Papers 15/56, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:15/56
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    References listed on IDEAS

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    Cited by:

    1. repec:eee:japwor:v:42:y:2017:i:c:p:45-55 is not listed on IDEAS
    2. Akihito Asano & Rod Tyers, 2016. "Japan's oligopolies: potential gains from third arrow reforms," CAMA Working Papers 2016-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Nishitateno, Shuhei & Shikata, Masato, 2017. "Has improved daycare accessibility increased Japan's maternal employment rate? Municipal evidence from 2000–2010," Journal of the Japanese and International Economies, Elsevier, vol. 44(C), pages 67-77.
    4. Akihito Asano & Rod Tyers, 2015. "Third Arrow Reforms and Japan’s Economic Performance," Economics Discussion / Working Papers 15-17, The University of Western Australia, Department of Economics.

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