The Asymmetric Effects of Business Cycles on Womens' Employment

Women's employment is one of the most important issues for government officials because unemployment of this group of people is one of the most important socio-economic challenges that can have devastating effects on economic growth. Business cycles are one of the factors that cause changes in the employment status of women and affect the share of women's employment in times of recession and boom. Therefore, the present study, using the NARDL method, has investigated the asymmetric effects of business cycles on women's employment share of Iran during the period 1966-2018. The results indicate that a positive or negative shock in business cycles has asymmetric effects on women's employment share. The results also showed that in the short term, positive business shock, negative and significant effect; and the negative shock of business cycles has a positive and significant effect on the share of women's employment and in the long run, this effect will last. other results show that in the short and long term, the fertility rate variable has a negative and significant effect on the share of women's employment. however, the significant effect of variables government spending on education and inflation rates on the share of women's employment in the short and long term is rejected. also, the minimum wage variable has a positive and significant effect on the share of women's employment in the short and long term.