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- W2977881326 abstract "Prior studies of financial literacy find a significant knowledge gap between men and women. This has led some to speculate that women are either less interested in, or less able to understand, financial concepts. Household production and marital bargaining theory may explain why low earning married women with children will rationally choose to delegate financial decisions to their husband. Descriptive statistics show that higher earning women, single, and married women are more financially knowledgeable than men. In a multivariate model, we find that women with children have lower financial literacy scores than married men and that higher earning married women are more financially literate than lower earning married women. There is still evidence of a gender gap even among higher earning women with no children compared to married men, but this gap appears to be declining within the youngest age cohorts." @default.
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- W2977881326 date "2017-01-01" @default.
- W2977881326 modified "2023-09-26" @default.
- W2977881326 title "Marriage and the Financial Knowledge Gender Gap" @default.
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- W2977881326 doi "https://doi.org/10.2139/ssrn.3282035" @default.
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