Principles of Economics- Mankiw (5th) 428

Principles of Economics- Mankiw (5th) 428 - 440 PA R T S I...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
440 PART SIX THE ECONOMICS OF LABOR MARKETS CASE STUDY THE WOMEN’S MOVEMENT AND THE INCOME DISTRIBUTION Over the past several decades, there has been a dramatic change in women’s role in the economy. The percentage of women who hold jobs has risen from about 32 percent in the 1950s to about 54 percent in the 1990s. As full-time homemakers have become less common, a woman’s earnings have become a more important determinant of the total income of a typical family. Although the women’s movement has led to more equality between men and women in access to education and jobs, it has also led to less equality in fam- ily incomes. The reason is that the rise in women’s labor-force participation has not been the same across all income groups. In particular, the women’s move- ment has had its greatest impact on women from high-income households. Women from low-income households have long had high rates of participation in the labor force, even in the 1950s, and their behavior has changed much less. In essence, the women’s movement has changed the behavior of the wives
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 07/30/2010 for the course ECON 120 taught by Professor Abijian during the Spring '10 term at Mesa CC.

Ask a homework question - tutors are online