With an aging population and declining productivity growth, Europe faces serious challenges to raising its output growth. Adding to these challenges are the various gender gaps in the labor market. Despite significant progress in recent decades, there are still fewer women than men participating in Europe’s labor market, and women are more likely to work part time. Furthermore, a smaller share of women reaches the top rungs of the corporate ladder. Could greater gender equality in the labor market help mitigate the slowdown in Europe’s growth potential?
Lone Christiansen, Huidan Lin, Joana Pereira, Petia Topalova, and Rima Turk,
Under the guidance of Petya Koeva Brooks
International Monetary Fund