Research

 

The Impact of Home Appliances on Employment Decisions of Married Women: New Evidence from Cross-Sectional Data
One of the leading explanations for the drastic increase in the labor force participation of married women observed in developed countries during the 20th-century, stresses the importance of technological progress in the household sector (e.g., Greenwood, Seshadri, and Yorukoglu (2005)). In this paper, we provide an assessment of this theory by (i) building a simple choice-theoretic model of employment decisions of married women and (ii) analyzing the changes over time in home appliances ownership for households where women work versus households where women do not work, using individual-level data from the 1960 and 1970 US censuses. First, in our model, not all women who buy home appliances decide to work. Second, in both census samples, the fraction of households that own appliances is slightly higher for women who do not work compared to women who work. Moreover, the magnitude of the increase in home appliances ownership between 1960 and 1970 is similar for women who work and women who do not work. We argue that the theory proposed by Greenwood, Seshadri, and Yorukoglu is not consistent with these facts. We propose a simple alternative explanation where the demand for home appliances depends on the demand for home production but is unrelated to the work decision. We show that our theory is consistent with the facts, both at the micro- and aggregate level.

Engines of Liberation and the Rise in Women's Employment: Which Way Does the Causality Run?
We propose a multi-sector growth model of women's employment and home appliances adoption decisions where, due to the presence of imperfect competition in the appliances sector, the price of home appliances decreases following technological progress in the market sector and as a result, both women's employment and the fraction of households that buys home appliances rise. After calibrating our model to match key moments of the data in 1900, we find that increases in aggregate total factor productivity can account for a significant fraction of the rise in women's employment and the decline in the price of home appliances that occurred in the US during the 20th century.

Engines of Liberation: The Impact of Technological Progress in an Imperfect Competition Setting
We present some evidence from the U.S. Census about the market concentration in the home appliances sector (e.g., four-firm concentration ratio and Herfindahl-Hirshman index) which suggests that competition in this sector, rather than being perfect, is better described by an oligopoly structure. We develop a general equilibrium three-sector growth model (home, market, appliances) where the price of home appliances is endogenous and firms in the appliances sector interact strategically. We assess the qualitative importance of technological progress at home and in the market for the decline in the relative price of home appliances. Due to the presence imperfectly competitive markets, the price of home appliances declines relative to the market wage even when total factor productivity at home and in the market grow at the same rate. Finally, we calibrate our model to match key facts of the economy in 1900. We analyze the quantitative impact of changes in the relative price of home appliances on women's employment and the appliances adoption decisions under the following two (opposite) scenarios. First, technology at home and in the market grow at a common rate equal to the historical average value of total factor productivity. Second, technology at home grow at a faster rate. In the first case, our model captures slightly less than half of the decline in the appliance price and slightly more than half of the increase in employment rate of married women.

Slides for Engines of Liberation: The Impact of Technological Progress in an Imperfect Competition Setting

An Accounting Exercise for the Shift in Life-Cycle Employment Profiles of Married Women Born between 1940 and 1960 (with Alice Schoonbroodt)
Life-cycle employment profiles of married women born between 1940 and 1960 shifted upwards and became flatter. We calibrate a dynamic life-cycle model of employment decisions of married women to assess the quantitative importance of three competing explanations of the change in employment profiles: the decrease and delay in fertility, the increase in relative wages of women to men, and the decline in child-care costs. We find that the decrease and delay in fertility and the decline in child-care cost affect employment very early in life, while increases in relative wages affect employment increasingly with age. Changes in relative wages, in particular returns to experience, account for the bulk (67 percent) of changes in life-cycle employment of married women.