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Financial Literacy and Intra-Household Decision Making: Evidence from Rwanda
| Content Provider | Scilit |
|---|---|
| Author | Grohmann, Antonia Schoofs, Annekathrin |
| Copyright Year | 2018 |
| Description | Journal: SSRN Electronic Journal Despite considerable policy efforts, women continue to be underrepresented in positions of power and decision making. As an important aspect of women empowerment, we examine women’s participation in intrahousehold financial decision making and how this is affected by financial literacy. Using both OLS and IV regression analysis, we show that women with higher financial literacy are more involved in household financial decisions. In line with the literature, we further find that women are less financially literate than men. Results from decomposition analysis show that education and personality traits (openness, happiness, and depression) drive this financial literacy gender gap. |
| Related Links | http://www.diw.de/documents/publikationen/73/diw_01.c.577717.de/dp1720.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3132349 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.3132349 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2018-02-01 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Development Studies Financial Literacy Women Empowerment Intra-household Decision Making |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |
