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Economic determinants of gender employment gap in Europe: emphasis on Visegrad countries
Frimpomah Wereko, Jennifer
ABSTRACT IN ENGLISH The presence of gender discrimination in the labou market has attracted a lot of attention in recent years. A greater in balance in the labou market does not only lead to economic loss but also has a high effect on the well being of women and quality of our society. The study investigates the economic determinants of gender employment gap with a focus on Visegrad Countries; Czech Republic, Hungary, Poland and Slovakia, where little attention has being given to gender employment in the past years. The secondary data for the study was obtained from the world bank database. All Visegrad country's data was downloaded, combined into one dataset, and then examined using ordinary least squares estimation. The analysis revealed that a total of 8 variables out of the initial 16 variables were significant predictors of gender employment gap. Also, almost all the variability in the dependent variable is being explained by the 8 predictors in the model. This is evidenced by a 98.7% coefficient of determination value. The study recommends that since female employment to population ratio increases whiles gender employment gap decreases, more job opportunities for women should be created including engaging women in entrepreneurship. Additionally, flexible work schedules make it easier for women to balance their various obligations and create a better work-life balance. If parents have access to inexpensive childcare options and parental leave, more women will work in advanced economies. The proportion of women who leave the employment after giving birth might be decreased with the aid of improved child care facilities, lengthier leave regulations, and more flexible work environments.
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