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Women and Money:
Keywords: 5 words maximum
Gender, Financial knowledge, Household production model, Family decision-making, Gender roles
Very short description for use in the program to help attendees understand more than a title can describe
In 2013 wives were more financially knowledgeable than the husband in 43% of mixed-sex married couple households, the lowest rate in 40 years. For households with a net worth in the top one percent, only 11% of wives were more knowledgeable. We found that college educated husbands are more likely to be more knowledgeable than the wives, wives who had more education than their husbands were more likely to be more knowledgeable, and the likelihood of the wife being more knowledgeable than the husband increased both as net worth increased from zero and as net worth decreased below zero.
Lead & Corresponding Author
Sherman Hanna, Ph.D., Ohio State University
Job Title
Professor
Additional Authors
Suzanne Lindamood, Ph.D., J.D., independent
Job Title
retired