The Channel of Female Employment in the Transmission of Monetary Policy in the Dominican Republic

Abstract

The objective of this article is to analyze, in the Dominican Republic, the impact of monetary policy on labor market variables disaggregated by gender. The results indicate that the expansion of credit and money favor the growth of female employment and female participation to a greater degree than male, which leads to an increase in the ratio of female to male employment and leads to an increase in domestic savings. and economic growth. It is shown that the female-to-male employment ratio reduces external vulnerability and inflation, homicide and suicide rates, and is a mechanism for the transmission of monetary policies.