Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] in the labour market "the most important change was the influx of women into the job market, particularly of married women with children." In 1947, one-fifth (22 per cent) or married women (living with their husbands) were in the paid labour force; thirty years later, the figure was close to one-half (47 per cent). [...] In the immediate postwar perod, it appears that increased participation enhanced the earnings of households in the lower part of the distribution. Summarising the postwar US experience, Nan Maxwell writes that "for husband-wife families prior to 1970, equalizing impacts stem from relatively high participation rates of women married to low-earning men." However, after 1970, "increased participation came mainly from women with above-average earnings growth who were married to high-earning men. Hence, continued increased female labor force participation may increase inequality for dual-earning husband-wife families."

two waves: initially, only the women who really NEEDED to work (to complement their husband's low income) did so; in the second wave, more women who didn't really need to work (because their husband made enough money) but wanted to increase their income by a substantial amount (because they could get good jobs) started working

—p.59 Learning from History (45) by Anthony B. Atkinson 3¬†years, 5¬†months ago