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The paper is organized as follows. Section 2 contains some basic features
of the model: the types of preferences, the optimal firms’ policy, the
utility functions and the socialization process. Section 3 describes parents’
education effort. Section 4 computes the steady state of the distribution of
preferences among the women’s population and some comparative static results.
Finally, the discussion of the results and directions for future research
are summarized in Section 5.
2 The model
We consider an overlapping generations model.
The women’s population
is a continuum and each individual lives for two periods and is productive
only in the second period. In the first period, as a child, the individual is
educated in some preferences and, at the beginning of the second period,
as an adult, she becomes active in the labour market and is hired by a
firm. Each woman has one female offspring, hence the size of the women’s
population is constant. A new generation replaces the old one in the labour
market.
2.1 Preferences.
There are two types of preferences (j and f) among the population.
Individuals receive demands for non-market use of their time (home labour,
children and care of the elderly, etc.)
and they decide whether to leave
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