The Economic Impact of Increasing Equality Between Women and Men

In the federal budget draft for 2021, improving gender equality is not explicitly mentioned as a budget policy priority. Still, there is evidence that the gender equality deficits in Austria are still high and that greater equality can contribute to the economic success of a country. Analysing the impact of gender equality policy measures on GDP and employment requires a combination of microeconomic methods and macroeconomic equilibrium model calculations. However, the necessary data basis, which is the prerequisite for obtaining empirical evidence on the effectiveness of measures taken, is often missing.