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Engines of Liberation (2005)
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| Venue: | In Review of Economic Studies |
| Citations: | 36 - 2 self |
BibTeX
@INPROCEEDINGS{Edison05enginesof,
author = {Thomas Edison and Jeremy Greenwood and Jeremy Greenwood and Jeremy Greenwood and Ananth Seshadri and Ananth Seshadri and Mehmet Yorukoglu and Mehmet Yorukoglu},
title = {Engines of Liberation},
booktitle = {In Review of Economic Studies},
year = {2005},
pages = {72}
}
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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 a married woman should work. Can such a model explain the rise in married female labor-force participation that occurred in the last century? Yes.
