第156回「制度と組織の経済学」研究会 (共催：IPP研究会） 開催のお知らせ

「制度と組織の経済学」研究会はOEIO（The Osaka Workshop on Economics of Institutions and Organizations：東京大学社会科学研究所と大阪大学IPP研究会による研究会）の主催により、理論研究・実証研究を問わず、ミクロ経済理論、マクロ経済理論、経済史等をテーマに研究しています。 皆様のご参加をお待ちしております。

Presenter： 高東也氏（大阪大学 経済学研究科）

Title： “ On the Welfare Cost of Constrained Female Labor Supply ”

Abstract： Female labor is widely recognized as one of the most important consumption insurance mechanisms for a household facing income risks. Despite its acknowledged importance, our empirical evidence, based on data from the Panel Study of Income and Dynamics (PSID), demonstrates that a significant proportion of U.S. households encounter limitations in their ability to use both intensive and extensive margins of female labor supply as insurance when the male household head confront with an unemployment shock. One common constraint on the intensive margin pertains to the current wife's working hours beyond which households find it difficult to make flexible adjustments. A critical constraint on the extensive margin relates to the age and number of children in the household. The presence of such constraints on the female labor supply often leads to precautionary savings as an alternative insurance, potentially resulting in lower consumption. This study examines the welfare cost of constraints on female labor supply, shedding light on the potential welfare gains achievable by easing these restrictions through policy interventions.

詳細：https://www.osipp.osaka-u.ac.jp/ja/oeio-156/