Conference on Gender and Macroeconomics
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Conference overview
- The IMF held a conference on Gender and Macroeconomics on March 23-24, 2017 at the IMF Headquarters, Washington, D.C.
- The conference provided a forum for discussing innovative empirical and theoretical research on gender and macroeconomics and policy implications, with specific application to the challenges of low-income and developing countries.
- Opening remarks were delivered by Maurice Obstfeld, IMF Economic Counsellor and Director of Research, on March 23, and by Ms. Christine Lagarde, IMF Managing Director, on March 24.
- The conference was open to the public; the deadline for public registration was March 20, 2017.
Major themes and topics
- Female labor force participation
- Presentations and papers included:
- Purva Khera: "Macroeconomic Linkages between Gender Gaps in Formal Finance, Labor Force Participation and Quality of Employment: A Case Study on India." (Presentation)
- Konstantin Wacker, Arusha Cooray, and Isis Gaddis: "Globalization and Female Labor Force Participation in Developing Countries: An Empirical Re-Assessment." (Paper)
- Martina Metzger and Bilge Erten: "Real Exchange Rates and FLFP." (Paper | Presentation)
- Financial inclusion
- Rapporteur: Mark Blackden, Independent Consultant, Gender and Development
- Presentations and papers included:
- Asli Demirguc-Kunt, Leora Klapper, and Dorothe Singer: "Financial Inclusion and Legal Discrimination Against Women." (Paper | Presentation)
- Thierry Babilla, Adele Ngo Billong, Martin Eloundou, and Sandra Kendo: "Macro; Implications of Female Entrepreneurs Facing Financial Frictions to Access to; Credit: A DSGE Model Approach in Cameroon." (Paper | Presentation)
- Aslan Goksu Delechat, Corinne Monique Newiak, and Fan Yang: "Inequality in Financial Inclusion, Gender Gaps, and Income Inequality." (Paper)
- Theresa Mannah-Blankson: "Gender Asset Gap: Does Access to Microfinance Matter?"
- Macro policy and outcomes
- Rapporteur: Daria Zakharova, Advisor, IMF Strategy, Policy, and Review Department
- Presentations and papers included:
- Elissa Braunstein and Stephanie Seguino: "Social Reproduction, Gender Inequality, and Economic Growth." (Paper | Presentation)
- Sonali Jain-Chandra, Kalpana Kochhar, Monique Newiak, Yang Yang, and Edda Zoli: "Determinants of Gender Inequality: The Role of Macroeconomic and Structural Policies, Infrastructure and Institutions."
- Davide Romelli, Donato Masciandaro, and Paola Profeta: "Gender and Monetary Policymaking: Trends, Drivers and Effects." (Presentation)
- Public investment and infrastructure
- Rapporteur: Christine Dieterich, Deputy Division Chief, IMF African Department
- Presentations and papers included:
- Ipek Ilkkaracan, Kijong Kim, and Tolga Kaya: "Investing in Social Care Infrastructure and Employment Generation: A Distributional Analysis of the Care Economy in Turkey." (Paper)
- Tamoya Christie: "Gender Sensitive Fiscal Policy: A Framework for Public Investment in the Care Economy in Low Income Countries." (Presentation)
- Flaubert Mbiekop and Alban Ahoure: "Improving Gender Outcomes in the Course of Development: Revisiting the Role of Basic Infrastructure." (Paper)
- Trade, diversification, and structural change
- Rapporteur: Chris Papageorgiou, Deputy Division Chief, IMF Research Department
- Presentations and papers included:
- Lucia Fry and Rachel Noble: "Ensuring Economic Diversification Works for Women." (Paper | Presentation)
- Krisztina Kis-Katos, Janneke Pieters, and Robert Sparrow: "Globalization and Social Change: Gender-specific Effects of Trade Liberalization in Indonesia." (Paper)
- Karin Astrid Siegmann and Hadia Majid: "Has Growth Been Good for Women’s Employment in Pakistan?" (Paper | Presentation)
- Mary Borrowman and Stephan Klasen: "Drivers of Gendered Sectoral and Occupational Segregation in Developing Countries." (Paper | Presentation)
- Wage gaps
- Rapporteur: Paul McNelis, Robert Bendheim Professor of Economic & Financial Policy, Fordham University
- Presentations and papers included:
- Eva Jenkner and Carolina Correa Caro: "Fiscal Policy and Gender: Gender-Specific Mandates and the Gender Wage Gap." (Presentation)
- Grace Li, Prakash Loungani, and Jonathan Ostry: "Inequality and Gender in China."
- Intra-household choices
- Rapporteur: Eva Jenkner, Senior Economist, IMF Institute for Capacity Development
- Presentations and papers included:
- Luis San Vicente Portes, Vidya Atal, and Miriam Juarez Torres: "Aggregate Effects of Women’s Empowerment." (Paper)
- Nikola Spatafora, Andrea Presbitero, and Giulia Bettin: "Gender and the Allocation of Remittances." (Presentation)
- Srinivas Raghavendra, Sinead Ashe, and Nata Duvvury: "Estimating the Macroeconomic Loss of Violence Against Women Using the Social Accounting Framework: Viet Nam." (Paper)
- Firm performance and market competition
- Rapporteur: Andrea Presbitero, Economist, IMF Strategy, Policy, and Review Department
- Presentations and papers included:
- Mario Macis, Luca Flabbi, Andrea Moro, and Fabiano Schivardi: "Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance." (Paper)
- Steve Gui-Diby, Selsah Pasali, and Diana Rodriquez-Wong: "What’s Gender Got to Do with Firm Productivity?" (Paper | Presentation)
- Ejaz Ghani, Arti Grover Goswami, Sari Kerr, and William Kerr: "Will Market Competition Trump Gender Discrimination in India." (Paper)
Schedule highlights (selected times as held at the event)
- March 23, 2017
- 8:00 - 9:00 am: Registration
- 9:00 - 9:15 am: Opening Remarks, Maurice Obstfeld
- 9:15 - 10:20 am: Labor Force Participation session
- 10:20 - 10:30 am: Coffee
- 10:30 am - 12:00 pm: Financial Inclusion session
- 12:00 - 1:00 pm: Lunch
- 1:00 - 2:05 pm: Macro Policy and Outcomes session
- 2:05 - 2:15 pm: Coffee
- 2:15 - 3:15 pm: Public Investment/Infrastructure session
- March 24, 2017
- 9:30 - 9:45 am: Opening Remarks, Ms. Christine Lagarde
- 9:45 - 11:15 am: Trade/Diversification and Structural Change session
- 11:15 - 11:30 am: Coffee
- 11:30 - 12:30 pm: Wage Gaps session
- 12:30 - 1:45 pm: Lunch
- 1:45 - 3:00 pm: Intra-household Choices session
- 3:00 - 3:15 pm: Coffee
- 3:15 - 4:30 pm: Firm Performance/Market Competition session
- 4:30 - 4:45 pm: Wrap-up
- 4:45 - 6:30 pm: Cocktails
Policy focus and implications discussed
- Empirical and theoretical links between gender gaps and macroeconomic outcomes, including:
- Connections among formal finance access, labor force participation, and quality of employment (case study on India).
- Macro implications of financial frictions facing female entrepreneurs (DSGE model approach in Cameroon).
- The role of public investment in care infrastructure and fiscal policy frameworks for the care economy in low-income countries.
- Determinants of gender inequality: macroeconomic and structural policies, infrastructure, and institutions.
- Gender-specific effects of trade liberalization and implications for diversification and structural change.
- Estimation of macroeconomic losses from violence against women using a Social Accounting Framework (Viet Nam).
- The impact of female leadership on firm performance and whether market competition mitigates gender discrimination.
Content in this bundle
- Paper
- Financial Inclusion and Legal Discrimination Against Women; March 2017
- Gender and Monetary Policymaking: Trends, Drivers and Effects; March 2014
- IMF Gender and Macro Conference; March 2017
- Social Reproduction, Gender Inequality and Economic Growth
- Elissa Braunstein and Stephanie Seguino
- Can More Equal Leave Policies Lead to More Equal Pay?; March 2014
- Paper
- Gender and Macroeconomics Conference; March 23-24, 2017
- Paper
- Has Growth Been Good for Women’s Employment in Pakistan? March 2017
- Has Growth Been Good for Women’s Employment in Pakistan?; March 2014
- Paper
- Krisztina Kis-Katos, Janneke Pieters, and Robert Sparrow
- Trading up, Crowded out? Ensuring economic diversification works for women; March 2017
- Ensuring economic diversification works for women – Taking a closer look; Lucia Fry and Rachel Noble
- Aggregate E§ects of Womenís Empowerment
- Paper
- The Real Exchange Rate and Female Labor Force Participation; March 2014
- Paper
- Mary Borrowman and Stephan Klasen Presentation
- Drivers of Gendered Sectoral and Occupational Segregation in Developing Countries; March 2017
- Gender, remittances, and household expenditures; March 2017
- Macro-Linkages between gender gaps in access to finance and labor market outcomes; March 2014
- Paper
- Paper
- What’s Gender Got to Do with Firm Productivity? Evidence from Firm Level Data in Asia; March 2017
- Tamoya Christie Presentation
- Paper
- Thierry Babilla Adele Ngo Billong Martin Eloundou and Sandra Kendopresentation