This is the massive impact women’s liberation had on economic growth
Women kept more of their assets as cash in US states that granted these rights. This reduced interest rates and accelerated industrialisation.
Previously an Economist at Eitan Berglas School of Economics, Tel Aviv University, Hosny is currently Assistant Professor at The New Economic School, Moscow, Russian Federation. His research focuses on understanding the determinants of long-run economic growth and its interaction with demographic changes, market structure and gender differences. His research also concentrates on new demographic trends evolving in developed and developing countries.
Women kept more of their assets as cash in US states that granted these rights. This reduced interest rates and accelerated industrialisation.
Over recent decades, the trend for high-skilled, career-focused women to have fewer children, if any at all, has reversed.