Consumer Behavior in Financial Markets 2020 “From Patriarchy to Partnership: Gender Equality and Household Finance” Luana Zaccaria. Discussant: Anastasia Girshina
Based on popular responses, the male spouse is typically in charge of investments such as pensions and personal loans, i.e. consequential decision-making in financial management within the household. Whereas females are typically left with day-to-day spending, i.e. short term decisions. Can gender norms, however, have material consequences on household welfare? Yes. And if the decision making process systematically excludes women regardless of their abilities, the overall efficiency may be compromised. Hear speaker Luana Zaccaria present the key findings from the paper ‘From Patriarchy to Partnership: Gender Equality and Household Finance,’ followed by a commentary by Anastasia Girshina.