Ms Jay Euijung Lee

Ms Jay Euijung Lee

PhD Candidate in Economics

Department of Economics

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English, Korean
Key Expertise
Development Economics

About me

Research interests
Development Economics, Family Economics (primary)
Economics of Gender (secondary)

Job market paper
Marriage and Misallocation: Evidence from 70 Years of U.S. History 

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By how much do traditional gender norms in marriage constrain aggregate output? Married women are traditionally expected to stay home and take care of the household. This gender role reduces married women’s labor force participation, away from their comparative advantage. A low likelihood of working in the future also reduces women’s incentive to get educated. I develop a model featuring education, marriage, and labor supply choices to quantify the aggregate economic consequences of gender norms in marriage. I find that relative to single women, married women in 1940 U.S. faced a norms wedge that acted as a 44% tax on market wage. By 2010, the norms wedge had halved. Had gender norms remained at the level of 1940, married women of 2010 would have had an 18% lower labor force participation rate, 13% lower market earnings, and their total market and home output would have been lower by 7%. For the aggregate economy, total market and home output would have been 3.5% lower. I validate the model structure through a reduced form analysis, which uses county-level variation in World War 2 casualties that increased female labor force participation and consequently weakened traditional gender norms.

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Publications and additional papers

Learning by Experiencing? Changing Reactions to Political Gender Quotas (with Martina Zanella)

In 2005, the South Korean government introduced a gender quota in the party-list proportional representation tier of municipal council elections. The minimum number of female councilors varied by centrally determined council size. We analyze the effect of the quota on party leader’s selection of candidates to be directly elected in the first past the post tier of elections. We find that municipalities stipulated to elect more females initially get around the quota by substituting away from female candidates in the latter tier, but over time the number of these female candidates increases. Moreover, the rate of growth of female direct candidates is higher in municipalities where the first proportionally elected females had higher education. Textual data on the council meeting minutes from a subsample of municipalities show that females speak more frequently and at greater length over time within election cycle. These results paint a story of learning: males learn about the competency of female colleagues, and females learn about the job.




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+44 (0)7432672263

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Department of Economics,
London School of Economics and Political Science,
Houghton Street, London WC2A 2AE