This paper presents an equilibrium theory that accounts for how cyclical patterns of employment and real wages vary between genders and across industries. Workers’ self-selection of industrial sectors, gender differences in comparative advantage among sectors, sector-nonneutral shocks, and...

This paper explains how cyclical patterns of employment vary between genders and across industries and how these two factors are related by gender differences in the industry distribution of workers. Evidence shows that men's employment is more procyclical than women's and that men's...