Hema Prakash | Vinod Sen | Category: Economics
Book Details
ISBN: 9789386677938
YOP: 2020
Pages: 168
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Over the decades, economic theories and economic alterations have dramatically representing the scenario of female labour, work division and wage allocation in market and non-market domains. However, failed to recognise and associate unpaid care work as a part of mainstream economy, unpaid care workers as a part of mainstream labour force market and lacks at the understanding of other dynamics of unpaid care work in terms of female labour participation, gender inequality, social investments, assessment of wages and monetary cost of unpaid time and labour as factor of production.
This book is one of very few empirical studies advances a nuanced understanding about the statistical categorization of unpaid work and labour. Different theories and modelling approaches by economists critically arguing stratification of labor and work are analyzed and it is shown howand why unpaid care work has vital significance to economy. Incorporating Time Use Survey, the book represents a unique initiative with empirical evidences about unpaid time and unpaid labor allocation pattern to provide insight into the various aspects of unpaid care work and care economy revealing concealed female labour force as unpaid care workers and their linkages to informal labor; carework as a precarious factor affecting female’s visible labor participation and choice and preference of work in labor market. Expected wage allocation through opportunity cost entails the unaccounted part of economic production speaks about the gap in GDP counting. Such insights are integrated systematically provide opportunity to explore unpaid care work with interdisciplinary aspects.
Over the decades, economic theories and economic alterations have dramatically representing the scenario of female labour, work division and wage allocation in market and non-market domains. However, failed to recognise and associate unpaid care work as a part of mainstream economy, unpaid care workers as a part of mainstream labour force market and lacks at the understanding of other dynamics of unpaid care work in terms of female labour participation, gender inequality, social investments, assessment of wages and monetary cost of unpaid time and labour as factor of production.
This book is one of very few empirical studies advances a nuanced understanding about the statistical categorization of unpaid work and labour. Different theories and modelling approaches by economists critically arguing stratification of labor and work are analyzed and it is shown howand why unpaid care work has vital significance to economy. Incorporating Time Use Survey, the book represents a unique initiative with empirical evidences about unpaid time and unpaid labor allocation pattern to provide insight into the various aspects of unpaid care work and care economy revealing concealed female labour force as unpaid care workers and their linkages to informal labor; carework as a precarious factor affecting female’s visible labor participation and choice and preference of work in labor market. Expected wage allocation through opportunity cost entails the unaccounted part of economic production speaks about the gap in GDP counting. Such insights are integrated systematically provide opportunity to explore unpaid care work with interdisciplinary aspects.
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