After surveying the literature on the economics of household decision-making, we employ data from the 2010 European Union Survey on Income and Living Conditions
(EU-SILC) to study the relationship between personal characteristics such as gender and decision-making power and responsibility. We find that across Europe, women
more often make decisions about everyday spending and purchases for children, while it is mainly men who make the financial decisions in a household. Greater intrahousehold
inequality in income and education is correlated with a lower probability of couples making decisions together, as is having a housewife in the home. Interesting
patterns of household decision-making across countries emerge; in the Southern European countries, for example, educational differences do not seem to be strongly related to decision-making power and responsibility, and women in Eastern European countries are more likely to make financial decisions when the household reports facing
difficult economic conditions. (authors' abstract) / Series: Department of Economics Working Paper Series
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:3995 |
| Date | 10 1900 |
| Creators | Schneebaum, Alyssa, Mader, Katharina |
| Publisher | WU Vienna University of Economics and Business |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | English |
| Detected Language | English |
| Type | Paper, NonPeerReviewed |
| Format | application/pdf |
| Relation | http://www.wu.ac.at/economics/forschung/wp, http://epub.wu.ac.at/3995/ |
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