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The Economic Consequences of Sex

If assumptions about gender (such as innate differences in abilities) have become intellectually untenable, why do gender differences in economic outcomes persist? Economists have recently identified a fundamental reason in a phenomenon that remains pervasive: the gap in autonomy (or bargaining power) between women and men.

VANCOUVER – Until recently, there has been very little analysis of women’s role in the economy. Two centuries ago, Mary Wollstonecraft published her proto-feminist A Vindication of the Rights of Women, and in 1869 John Stuart Mill, inspired by his wife Harriet, wrote The Subjection of Women in support of female suffrage. But new evidence is emerging of the cultural barriers to women’s economic advancement, which must be addressed if the world is ever to attain its goal of gender equality.

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