On the undesirable repercussions of gender norms in an endogenous growth model
构建了一个包含性别规范和研发活动的世代交叠模型,发现保守的性别规范会抑制生育率和经济增长,导致收入停滞和人口萎缩,对高收入国家实现可持续增长有警示意义。
Abstract Sustainable growth has emerged as a critical policy challenge worldwide. We investigate the influence of conventional gender norms on fertility and economic growth to explain the phenomena recently observed across high‐income countries. To this end, we construct an overlapping generations model with endogenous fertility and labor supply, incorporating gender norms and R&D activities. We demonstrate that conventional gender norms can impede fertility and economic growth. Specifically, when gender norms are sufficiently conservative, income growth stagnates and population erosion eventually occurs. Our results underscore the need to address and correct gender norms to achieve sustainable growth and improve welfare.