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Engines of Liberation

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Author Info
Jeremy Greenwood (University of Pennsylvania)
Ananth Seshadri () (University of Wisconsin)
Mehmet Yorukoglu (Central Bank of the Republic of Turkey)

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Abstract

Electricity was born at the dawn of the last century. Households were inundated with a flood of new consumer durable goods. What was the impact of this consumer durable goods revolution? It is argued here that the consumer goods revolution liberated women from the home. To analyze this hypothesis, a Beckerian model of household production is developed. Households must decide whether to adopt the new technologies or not, and whether married woman should work. Can such a model explain the rise in married female labor-force participation that occurred in the last century? Yes.

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File URL: http://www.econ.rochester.edu/Faculty/GreenwoodPapers/engine.pdf
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Publisher Info
Paper provided by Economie d'Avant Garde in its series Economie d'Avant Garde Research Reports with number 2.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length: 51 pages
Date of creation: Jul 2002
Date of revision:
Handle: RePEc:eag:rereps:2

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Web page: http://www.jeremygreenwood.net/EAG.htm

For technical questions regarding this item, or to correct its listing, contact: (Jeremy Greenwood).

Related research
Keywords: The second industrial revolution technology adoption household production theory female labor-force participation.

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Find related papers by JEL classification:
E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
J2 - Labor and Demographic Economics - - Demand and Supply of Labor
N1 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations

This item is featured on the following reading lists:

  1. Advanced Monetary Theory and Policy (ECON 447)
  2. Top 1‰ items by number of citations weighted by simple impact factors and discounted by age
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Raquel Fernandez & Alessandra Fogli & Claudia Olivetti, 2002. "Marrying Your Mom: Preference Transmission and Women's Labor and Education Choices," NBER Working Papers 9234, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-87, December. [Downloadable!] (restricted)
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  3. Per Krusell & Lee E. Ohanian & Jose-Victor Rios-Rull & Giovanni L. Violante, 1997. "Capital-skill complementarity and inequality: a macroeconomic analysis," Staff Report 239, Federal Reserve Bank of Minneapolis. [Downloadable!]
    Other versions:
  4. Chang, Yongsung & Schorfheide, Frank, 2003. "Labor-supply shifts and economic fluctuations," Journal of Monetary Economics, Elsevier, vol. 50(8), pages 1751-1768, November. [Downloadable!] (restricted)
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  5. Kristin Roberts & Peter Rupert, 1995. "The myth of the overworked American," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jan 15. [Downloadable!]
  6. Dora L. Costa, 2000. "From Mill Town to Board Room: The Rise of Women's Paid Labor," NBER Working Papers 7608, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  7. Francine D. Blau & Lawrence M. Kahn, 2000. "Gender Differences in Pay," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 75-99, Fall. [Downloadable!] (restricted)
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  8. Galor, Oded & Weil, David N, 1996. "The Gender Gap, Fertility, and Growth," American Economic Review, American Economic Association, vol. 86(3), pages 374-87, June. [Downloadable!] (restricted)
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  9. Stephen L. Parente & Richard Rogerson & Randall Wright, 2000. "Homework in Development Economics: Household Production and the Wealth of Nations," Journal of Political Economy, University of Chicago Press, vol. 108(4), pages 680-687, August. [Downloadable!] (restricted)
  10. Lawrence J. Christiano & Martin Eichenbaum, 1990. "Current real business cycle theories and aggregate labor market fluctuations," Discussion Paper / Institute for Empirical Macroeconomics 24, Federal Reserve Bank of Minneapolis. [Downloadable!]
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  11. McGrattan, Ellen R & Rogerson, Richard & Wright, Randall, 1997. "An Equilibrium Model of the Business Cycle with Household Production and Fiscal Policy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(2), pages 267-90, May.
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