Bonus result III: since gender trends are the main drivers of employment growth, the estimated crowding out of males is relatively small, as in Fukui-Nakamura @jonsteinsson.bsky.social Notably, crowding out is shock-specific and smaller in response to labor supply shocks. 10/N This is the outcome of @fossoluca.bsky.social PhD internship at Norges Bank which started in September 2020. The topic is extremely interesting, and we have tried to approach it using tools that we normally use for inflation or monetary policy. We hope you like the contamination. N/N