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Women and Budget Deficits

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Abstract

If women have different economic preferences than men, then female economic and political empowerment is likely to change policy and household decisions, and in turn macroeconomic outcomes. We test the hypothesis that female enfranchisement leads to lower government budget deficits due gender differences in preferences over fiscal outcomes. Estimating the impact of women's vote on budget deficits in a differences-in-differences regression for Swiss cantonal panel data, we find that including women in the electorate reduces average per capita budget deficits by a statistically significant amount.

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Bibliographic Info

Paper provided by Economics Section, The Graduate Institute of International Studies in its series IHEID Working Papers with number 13-2007.

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Length: 28
Date of creation: Apr 2007
Date of revision: Apr 2007
Handle: RePEc:gii:giihei:heiwp13-2007

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Keywords: Budget deficits; Economics-of-gender; enfranchisement; fiscal policy; women; time preference; altruism;

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Cited by:
  1. Graziella Bertocchi, 2008. "The Enfranchisement of Women and the Welfare State," Discussion Papers 4_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
  2. Signe Krogstrup & Sébastien Wälti, 2008. "Do fiscal rules cause budgetary outcomes?," Public Choice, Springer, vol. 136(1), pages 123-138, July.

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