Beschreibung:
It is expected that increasing female labor force participation (FLFP) rate, due to the gender wage gap, reduces the unit labor costs, and therefore increases profit rates. Using a dataset of 130 countries for 1990-2019, this paper shows that while FLFP increases profit share in highincome countries, it reduces in middle-income countries. However, for both middle- and highincome countries, FLFP cannot prevent the overall tendency in profit rates to decline caused by a consistent decline in output-capital ratio.