Post AagvRqkNHqlthoUQAS by pkrugman@mastodon.online
 (DIR) More posts by pkrugman@mastodon.online
 (DIR) Post #AagvRmioFj8vDnj7Am by pkrugman@mastodon.online
       2023-10-12T10:24:19Z
       
       0 likes, 1 repeats
       
       Utility post: I'm working on Claudia Goldin, and trying to put the economic important of rising female labor force participation in context. Between 1970 and 2000 the female LPR rose about 17 points, so an increase in overall labor supply of ~8 percent 1/
       
 (DIR) Post #AagvRouw5c201zPpLs by pkrugman@mastodon.online
       2023-10-12T10:26:40Z
       
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       Link: https://fred.stlouisfed.org/series/LNS11300002Given women's lower hours and earnings, a growth-accounting estimate would put the resulting rise in potential GDP ~ 5 percent, more if you consider capital endogenous 2/
       
 (DIR) Post #AagvRqkNHqlthoUQAS by pkrugman@mastodon.online
       2023-10-12T10:28:32Z
       
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       Compare with globalization; a while back I did a back-of-the-envelope on the gains from hyperglobalization, putting them at around 5 percent https://archive.nytimes.com/krugman.blogs.nytimes.com/2013/10/01/the-gains-from-hyperglobalization-wonkish/3/
       
 (DIR) Post #AagvRvEIcX5LbmWNMm by pkrugman@mastodon.online
       2023-10-12T10:30:18Z
       
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       Squishy numbers all around, but the point is that even given narrow concerns about potential GDP the rise in women's work was comparable to the much-hyped rise in globalization 4/