Garance Genicot

Garance Genicot (born in 1974) is a Belgian economist and associate professor of economics at Georgetown University.

Genicot's research focuses on risk-sharing, intra-household bargaining, informal credit markets, social networks, and inequality.

[7] Her work with her Ph.D. advisor, Kaushik Basu and Nobel-winning economist Joseph Stiglitz studies the responsiveness of labor supply to wages, an idea that is central to the classical theory of economics.

They argue that at low wage levels, households are financially insecure and would, therefore, be willing to supply more labor to hedge themselves against economic shocks.

This is called the “added labor effect” and has important implications for the ongoing minimum wage debate.

At the same time, these improvements, by giving more voice and more decision power to women, can also be a source of conflict within families.

In recent work with Maria Henandez-de-Benito, she shows how patriarchal norms persist and affect women's right to land in Tanzania.