Authors
Doris A Behrens, Gottfried Haber, Christian Richter, Karin Schönpflug
Publication date
2002
Journal
Exchange and deception: A feminist perspective
Pages
91-103
Publisher
Springer US
Description
This paper extends Paul A. Samuelson’s 1958 article An exact consumption-loan model of interest with or without the social contrivance of money which introduced an intertemporal overlapping generations (OLG) model of a pure loan-consumption economy. From today’s perspective and from a feminist viewpoint, two features missing in Samuelson’s model are (1) the failure to acknowledge the existence of unpaid labor in the background of the classical OLG model and its extensions, and (2) the fact that the model outcome implicitly depends on the unexplained “reproduction work” (of women) to make all described intergenerational exchange possible. Adopting an empiricist point of view, we aim at improving the existing OLG model set-up in a call for gender equality and motivate the construction of a formalization of the exchange patterns between women and men.
Total citations
Scholar articles
DA Behrens, G Haber, C Richter, K Schönpflug - Exchange and deception: A feminist perspective, 2002