American Economic Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Cultural Change as Learning: The Evolution of Female Labor Force Participation over a Century
American Economic Review
vol. 103,
no. 1, February 2013
(pp. 472–500)
Abstract
This paper develops a learning model of cultural change to investigate why women's labor force participation (LFP) and attitudes toward women's work both changed dramatically. In the model, women's beliefs about the long-run payoff from working evolve endogenously via an intergenerational learning process. This process generically generates the data's S-shaped LFP curve and introduces a novel role for wage changes via their effect on the speed of intergenerational learning. The calibrated model does a good job of replicating the evolution of female LFP in the United States over the last 120 years and finds that the new role for wages was quantitatively significant.Citation
Fernández, Raquel. 2013. "Cultural Change as Learning: The Evolution of Female Labor Force Participation over a Century." American Economic Review 103 (1): 472–500. DOI: 10.1257/aer.103.1.472Additional Materials
JEL Classification
- D83 Search; Learning; Information and Knowledge; Communication; Belief
- J16 Economics of Gender; Non-labor Discrimination
- J22 Time Allocation and Labor Supply
- J31 Wage Level and Structure; Wage Differentials
- N31 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: Pre-1913
- N32 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
- Z13 Economic Sociology; Economic Anthropology; Social and Economic Stratification