According to a report that the European think tank Bruegel published on Monday, 24 February, gender equality is reportedly not only a matter of social justice but also an underestimated driver of economic prosperity.
The work of Professor of Economics Jonathan D. Ostry, who authored this document, challenges the assumption that men and women would be interchangeable in production. And with good reason: the study shows that the lower the elasticity of substitution between the sexes is,...