Austerity and gender inequalities in Europe in times of crisis

Perugini, Cristiano and Žarković Rakić, Jelena and Vladisavljević, Marko (2019) Austerity and gender inequalities in Europe in times of crisis. Cambridge Journal of Economics, 43 (3). pp. 733-767. ISSN 0309-166X

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The post-2008 recession and the countercyclical responses by European governments that followed triggered an extensive wave of fiscal adjustments. Although underpinned by widespread consensus, the implementation of such measures has also been severely criticised. While their effect on output and employment has been extensively investigated, their impact on wage inequality has received less attention. In this paper, we focus on the consequences of fiscal consolidation measures for gender inequality. After describing the literature-based conceptual framework of our analysis, we provide empirical evidence of the effect of fiscal consolidation on: (i) the adjusted gender wage gap, and (ii) the patterns of gender horizontal segregation. The analysis covers EU-28 countries in the years 2010–13. Results show that austerity measures (both tax-based and expenditure-based) impacted significantly on various aspects of gender wage inequality, putting at risk the relatively little progress achieved in Europe so far.

Item Type: Article
Additional Information: COBISS.ID=512582754
Uncontrolled Keywords: austerity, gender wage inequality, gender segregation, EU-28
Research Department: Welfare Economics
Depositing User: Jelena Banovic
Date Deposited: 29 Nov 2019 12:48
Last Modified: 03 May 2020 21:24

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