The Effects of formal female employment on wellbeing
a global perspective
The unprecedented industrialization and rapid economic development around the world in the twentieth century saw shift upon shift in paradigms not previously fathomable. With these rapid changes in society came changes in culture as well. The rise of feminism over seventy years ago was the main tipping point in family cultural changes. While men hardly participated in femalecategorized roles before, the rise in female empowerment saw a slow blur in gender role distinctions with both men and women participating more in previously opposite- sex-branded roles. These changes spurred changes in the family culture as well which have proved to be irreversible. The onset of the 21st century saw the emergence of the internet which has had exponential effects on human life and culture. In its efforts to examine the effects of salaried female workers on wellbeing in societies, the study employed the fixed effects model to analyze panel data of 131 countries over 12 years from WB, ILO, UNDP, IMF, and Gallup Polls. The study found that a percentage point increase in salaried female workers significantly contributes positively to the average human development (0.000410 standard deviations), life expectancy (0.02 years), and fertility rates (0.0102 children). Our results also show that a one percentage point rise in salaried female workers significantly reduces the average psychological wellbeing (0.00262 standard deviations) and while it insignificantly reduces the societies’ average life satisfaction by -0.00236 standard deviations.
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