Gu, Ran and Peng, Cameron and Zhang, Weilong (2024) The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach. The Review of Financial Studies. DOI https://doi.org/10.1093/rfs/hhae039
Gu, Ran and Peng, Cameron and Zhang, Weilong (2024) The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach. The Review of Financial Studies. DOI https://doi.org/10.1093/rfs/hhae039
Gu, Ran and Peng, Cameron and Zhang, Weilong (2024) The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach. The Review of Financial Studies. DOI https://doi.org/10.1093/rfs/hhae039
Abstract
When members of the same household have different risk preferences, whose preference matters more for investment decisions and why? We propose an intrahousehold model that aggregates individual preferences at the household level as a result of bargaining. We structurally estimate the model, analyze the determinants of bargaining power, and find a significant gender gap. The gap is partially explained by gender differences in individual characteristics, but it is also driven by gender effects. These patterns hold broadly across Australia, Germany, and the US. We further link the distribution of bargaining power to perceived gender norms in the cross-section of households.
Item Type: | Article |
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Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 16 Jul 2024 11:31 |
Last Modified: | 17 Sep 2024 11:49 |
URI: | http://repository.essex.ac.uk/id/eprint/37963 |
Available files
Filename: hhae039.pdf
Licence: Creative Commons: Attribution 4.0