Sandra E BlackDiane Whitmore Schanzenbachand Audrey BreitwieserFRAMING PAPER OCTOBER 2017The Recent Decline in Women146s Labor Force ParticipationiiThe Hamilton Project 149 BrookingsThe Hamilton Pro ID: 895120
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1 The Hamilton Project • Brookings
The Hamilton Project • Brookings Sandra E. BlackDiane Whitmore Schanzenbachand Audrey Breitwieser FRAMING PAPER OCTOBER 2017 The Re
2 cent Decline in Women’s Labor Force
cent Decline in Women’s Labor Force Participation iiThe Hamilton Project • Brookings The Hamilton Project seeks to advance Ame
3 rica’s promise of opportunity, pros
rica’s promise of opportunity, prosperity, and growth.We believe that today’s increasingly competitive global economy of the 21s
4 t Century. The Project’s economic s
t Century. The Project’s economic strategy re ects a judgment that long-term prosperity is best achieved by fostering economic gr
5 owth and broad participation in that gro
owth and broad participation in that growth, by enhancing individual economic security, and by embracing a role for effective government i
6 n making needed public investments.Our s
n making needed public investments.Our strategy calls for combining public investment, a secure social safety net, and scal disciplin
7 e. In that framework, the Project puts f
e. In that framework, the Project puts forward innovative proposals from leading economic thinkers — based on credible evidence and e
8 xperience, not ideology or doctrine
xperience, not ideology or doctrine — to introduce new and effective policy options into the The Project is named after Alexander Ham
9 ilton, the nation’s rst Treasu
ilton, the nation’s rst Treasury Secretary, who laid the foundation for the modern American economy. Hamilton stood for sound &#
10 30;scal policy, believed that broad-base
30;scal policy, believed that broad-based opportunity for advancement would drive American economic growth, and recognized that “prud
11 ent aids and encouragements on the part
ent aids and encouragements on the part of government” are necessary to enhance and guide market forces. The guiding principles of th
12 e Project remain consistent with these v
e Project remain consistent with these views.This policy proposal is a proposal from the authors. As emphasized in The Hamilton Project
13 46;s original strategy paper, the Projec
46;s original strategy paper, the Project was designed in part to provide a forum for leading thinkers across the nation to put forward in
14 novative and potentially important econo
novative and potentially important economic policy ideas that share the Project’s broad goals of promoting economic growth, broad-bas
15 ed participation in growth, and economic
ed participation in growth, and economic security. The author(s) are invited to express their own ideas in policy papers, whether or not t
16 he Project’s staff or advisory coun
he Project’s staff or advisory council agrees with the speci c proposals. This policy paper is offered in that spirit.MISSION STA