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.
Moshe Hazan is an Associate Professor of Economics at Tel-Aviv University, a Research Fellow at the CEPR and an Associate Editor of Macroeconomic Dynamics.
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.