Family finances, individualisation, spending patterns and access to credit
This paper presents and discusses empirical data suggesting that couples in the United Kingdom and elsewhere are becoming more individualised in their financial arrangements. Data on access to credit, and spending responsibilities, are used to explore the implications of individualisation. It is suggested that, though a couple's decision to keep their money separate may be motivated by a desire for equality and autonomy, the effect in some households may be to create inequality between the partners. The use of credit cards, which are essentially an individualised form of money, can privilege those with good credit ratings and disadvantage those who have less access to new forms of money. Finally, a wider view of the topic is explored, using evidence on the intra-household economy, on spending patterns and access to credit in sub-Saharan Africa, a part of the world with a long tradition of 'separate pots' for married couples. The article concludes that many of the issues in sub-Saharan Africa also apply in the 'developed' world.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 37 (2008)
Issue (Month): 2 (April)
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620175|
References listed on IDEAS
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.:
- Esther Duflo, 2000.
"Grandmothers and Granddaughters: Old Age Pension and Intra-household Allocation in South Africa,"
NBER Working Papers
8061, National Bureau of Economic Research, Inc.
- Esther Duflo, 2003. "Grandmothers and Granddaughters: Old-Age Pensions and Intrahousehold Allocation in South Africa," World Bank Economic Review, World Bank Group, vol. 17(1), pages 1-25, June.
- Quisumbing, Agnes R. & Maluccio, John A., 2000.
"Intrahousehold allocation and gender relations,"
FCND discussion papers
84, International Food Policy Research Institute (IFPRI).
- Phipps, Shelley A & Burton, Peter S, 1998.
"What's Mine Is Yours? The Influence of Male and Female Incomes on Patterns of Household Expenditure,"
London School of Economics and Political Science, vol. 65(260), pages 599-613, November.
- Phipps, S.A. & Burton, P.S., 1992. "What's Mine is Yours?: The Influence of Male and Female Incomes on Patterns of Household Expenditure," Department of Economics at Dalhousie University working papers archive 92-12, Dalhousie, Department of Economics.
- Johnson, Susan, 2004. "Gender Norms in Financial Markets: Evidence from Kenya," World Development, Elsevier, vol. 32(8), pages 1355-1374, August.
- John Simister & Jenifer Piesse, 2003. "Bargaining And Household Dynamics: The Impact Of Education And Financial Control On Nutrition Outcomes In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 71(1), pages 163-180, 03.
- Frances Woolley, 2000. "Control over Money in Marriage," Carleton Economic Papers 00-07, Carleton University, Department of Economics, revised 2003.
- Self, Sharmistha, 2005. "What makes motherhood so expensive?: The role of social expectations, interdependence, and coordination failure in explaining lower wages of mothers," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 34(6), pages 850-865, December.
When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:37:y:2008:i:2:p:577-591. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.