Glen Cain WELFARE ECONOMICS OF POLICIES TOWARD WOMEN
نویسنده
چکیده
The rationale for government policies aimed at promoting market work by women is examined according to the criteria of efficiency and equity. Efficiency involves the issues of market failure and labor market discrimination. Equity involves the comparative economic well-being of women relative to men. The case for interventionist policies on behalf of women isfound to be weak on efficiency grounds but strong on equity grounds. It is suggested that conventional measures of labor market discrimination against women are hopelessly ambiguous, and an alternative measure of economic discrimination is proposed. Lifetime measures of income for men and women are constructed to measure this concept of discrimination, and women are shown to be poorer than men throughout most of their adult lives. WELFARE ECONOMICS OF POLICIES TOWARD WOMEN
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