You are here: The Care Economy and Gender-Sensitive Macroeconomic Modeling for Policy Analysis

The Care Economy and Gender-Sensitive Macroeconomic Modeling for Policy Analysis

Reunion of PGAE faculty, students, and alumni at the International Association for Feminist Economics, Seoul, South Korea 2017.

The Hewlett Foundation-funded Care Economy and Gender-Sensitive Macroeconomic Modeling for Policy Analysis Project works to better understand, capture, and model women and men's role and time in care provisioning (for children, the sick and disabled, and the elderly) in order to promote gender-sensitive economic and social policies that foster inclusive growth and gender equality. 

Countries' efforts to reduce inequality in economic outcomes, promote sustainable development, and plan for demographic shifts are undermined by ignoring the paid and unpaid care sectors in macroeconomic models and policy design. The project addresses this knowledge gap by producing new research that incorporates the care economy and gender-disaggregated activities explicitly into macroeconomic modelling, which can deepen policy analyses and sharpen their impact. Care-focused macromodels, care economy accounting, and policy simulations will show the feasibility and importance of integrating paid and unpaid care sectors into macroeconomic policy design and analyses.