EIGE’s study on the economic impact of gender equality in the EU is unique in the EU context, as it uses a robust econometric model to estimate economic impacts of improved gender equality in several broad areas such as education, labour market activity and wages. It also considers the demographic impact of such improvements.
It’s the first time that a study has attempted econometric modelling of such a broad range of potential impacts of improved gender equality in the EU.
Key methodological steps
The following schematic presents the high level overview of the methodology for the socio-economic modelling of the gender equality scenarios.
Step 1: E3M3 modelling framework
Step 2: Pathway selection
Step 3: Approach to modelling the economic impacts of gender equality