Does Gender have any Effect on Aggregate Saving? An empirical analysis
AbstractThis study investigates the effects of gender on aggregate saving. We test the hypothesis that shifts in women's relative income, which can affect their bargaining power within the household, have a discernible impact on household saving and, by extension, gross domestic saving, due to differing saving propensities by gender. The empirical analysis is based on panel data for a set of semi-industrialised economies, covering the period 1975-95. The results indicate that, as some measures of women's relative income and bargaining power increase, gross domestic saving rates rise. The implied gender disparity in saving propensities may be linked to differences in saving motives based on gender roles, and well as divergent experiences of economic vulnerability. These findings suggest the importance of understanding gender differences in planning for savings mobilisation and in the formulation of financial and investment policies.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Review of Applied Economics.
Volume (Year): 17 (2003)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.tandfonline.com/CIRA20
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Duncan Thomas, 1990.
"Intra-Household Resource Allocation: An Inferential Approach,"
Journal of Human Resources,
University of Wisconsin Press, vol. 25(4), pages 635-664.
- Thomas, D., 1989. "Intra-Household Resource Allocation: An Inferential Approach," Papers 586, Yale - Economic Growth Center.
- Roger S. Smith, 1990. "Factors Affecting Saving, Policy Tools, and Tax Reform: A Review," IMF Staff Papers, Palgrave Macmillan, vol. 37(1), pages 1-70, March.
- Miles, David, 1992. "Housing markets, consumption and financial liberalisation in the major economies," European Economic Review, Elsevier, vol. 36(5), pages 1093-1127, June.
- Masao Ogaki & Jonathan David Ostry & Carmen Reinhart, 1995.
"Saving Behavior in Low- and Middle -Income Developing Countries: A Comparison,"
IMF Working Papers
95/3, International Monetary Fund.
- Masao Ogaki & Jonathan D. Ostry & Carmen M. Reinhart, 1996. "Saving Behavior in Low- and Middle-Income Developing Countries: A Comparison," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 38-71, March.
- Reinhart, Carmen & Ogaki, Masao & Ostry, Jonathan, 1996. "Saving Behavior in Low- and Middle-Income Developing Countries: A Comparison," MPRA Paper 6978, University Library of Munich, Germany.
- Ravallion, Martin & Sen, Abhijit, 1986. "On some estimates of an asian savings function," Economics Letters, Elsevier, vol. 20(2), pages 121-124.
- Hashemi, Syed M. & Schuler, Sidney Ruth & Riley, Ann P., 1996. "Rural credit programs and women's empowerment in Bangladesh," World Development, Elsevier, vol. 24(4), pages 635-653, April.
- Jonathan David Ostry & Carmen Reinhart, 1991.
"Private Saving and Terms of Trade Shocks: Evidence from Developing Countries,"
IMF Working Papers
91/100, International Monetary Fund.
- Jonathan D. Ostry & Carmen M. Reinhart, 1992. "Private Saving and Terms of Trade Shocks: Evidence from Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 39(3), pages 495-517, September.
- Leff, Nathaniel H, 1969. "Dependency Rates and Savings Rates," American Economic Review, American Economic Association, vol. 59(5), pages 886-96, December.
- Mark M. Pitt & Shahidur R. Khandker, 1998. "The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 958-996, October.
- Marjorie B. McElroy, 1990. "The Empirical Content of Nash-Bargained Household Behavior," Journal of Human Resources, University of Wisconsin Press, vol. 25(4), pages 559-583.
- Olson, Mancur & Bailey, Martin J, 1981. "Positive Time Preference," Journal of Political Economy, University of Chicago Press, vol. 89(1), pages 1-25, February.
- Taylor, Lance, 1995. "Environmental and gender feedbacks in macroeconomics," World Development, Elsevier, vol. 23(11), pages 1953-1961, November.
- Shoshana Amyra Grossbard & Alfredo Marvão Pereira, 2013. "Savings and Economies of Marriage: Intra-Marriage Financial Distributions as Determinants of Savings," Working Papers 95, Department of Economics, College of William and Mary.
- Cagatay, Nilüfer & Ertürk, Korkuk, 2004. "Gender and globalization : a macroeconomic perspective," ILO Working Papers 370974, International Labour Organization.
- Signe Krogstrup & Sébastien Wälti, 2007.
"Women and Budget Deficits,"
IHEID Working Papers
13-2007, Economics Section, The Graduate Institute of International Studies, revised Apr 2007.
- Shoshana Amyra Grossbard & Alfredo Marvao Pereira, 2010. "Will Women Save more than Men? A Theoretical Model of Savings and Marriage," CESifo Working Paper Series 3146, CESifo Group Munich.
- Oriana Bandiera & Ashwini Natraj, 2013.
"Does Gender Inequality Hinder Development and Economic Growth? Evidence and Policy Implications,"
World Bank Research Observer,
World Bank Group, vol. 28(1), pages 2-21, February.
- Bandiera, Oriana & Natraj, Ashwini, 2013. "Does gender inequality hinder development and economic growth ? evidence and policy implications," Policy Research Working Paper Series 6369, The World Bank.
- Filippo Pericoli & Luigi Ventura, 2012.
"Family dissolution and precautionary savings: an empirical analysis,"
Review of Economics of the Household,
Springer, vol. 10(4), pages 573-595, December.
- Pericoli, Filippo Maria & Ventura, Luigi, 2011. "Family dissolution and precautionary savings: an empirical analysis," MPRA Paper 36354, University Library of Munich, Germany.
- Stephanie Seguino, 2005.
"All Types of Inequality are Not Created Equal: Divergent Impacts of Inequality on Economic Growth,"
Economics Working Paper Archive
wp_433, Levy Economics Institute, The.
- Stephanie Seguino, 2005. "All types of inequality are not created equal: divergent impacts of inequality on economic growth," Working Papers 10, ECINEQ, Society for the Study of Economic Inequality, revised Oct 2005.
- Seguino, Stephanie, 2003. "Taking gender differences in bargaining power seriously: Equity, labor standards, and living wages," MPRA Paper 6508, University Library of Munich, Germany, revised Oct 2003.
- Stephanie Seguino, 2008. "Gender, Distribution, and Balance of Payments (revised 10/08)," Working Papers wp133_revised, Political Economy Research Institute, University of Massachusetts at Amherst.
- Seguino, Stephanie, 2011. "Gender Inequality and Economic Growth: A Reply to Schober and Winter-Ebmer," World Development, Elsevier, vol. 39(8), pages 1485-1487, August.
- Schober, Thomas & Winter-Ebmer, Rudolf, 2009.
"Gender Wage Inequality and Economic Growth: Is There Really a Puzzle?,"
IZA Discussion Papers
4323, Institute for the Study of Labor (IZA).
- Thomas Schober & Rudolf Winter-Ebmer, 2009. "Gender Wage Inequality and Economic Growth: Is there Really a Puzzle?," Economics working papers 2009-08, Department of Economics, Johannes Kepler University Linz, Austria.
- Thomas Schober & Rudolf Winter-Ebmer, 2009. "Gender Wage Inequality and Economic Growth: Is there Really a Puzzle?," NRN working papers 2009-08, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Schober, Thomas & Winter-Ebmer, Rudolf, 2011. "Gender Wage Inequality and Economic Growth: Is There Really a Puzzle?--A Comment," World Development, Elsevier, vol. 39(8), pages 1476-1484, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.