NEW WORKING PAPER!
Very happy to share my joint work with @VFancio: Heterogeneous Agents, Public Debt and Labor-Market Frictions.
The role of public debt in standard incomplete markets features the classical trade-off:
This year’s economic sciences laureate Claudia Goldin showed that female participation in the labour market did not have an upward trend over a 200 year period, but instead forms a U-shaped curve.
The participation of married women decreased with the transition from an agrarian to an industrial society in the early nineteenth century, but then started to increase with the growth of the service sector in the early twentieth century. Goldin explained this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family.
#NobelPrize
@c_melo2014 @TTeodorovicz @caioromeu#ConhecaUmaEconomistA
Name: Mariacristina De Nardi
Position: Thomas Sargent Professor at the University of Minnesota
More about her research: https://t.co/UgkAow0YKG