IDEAS home Printed from https://ideas.repec.org/p/lev/wrkpap/wp_418.html
   My bibliography  Save this paper

Asset Ownership along Gender Lines: Evidence from Thailand

Author

Listed:
  • Rania Antonopoulos
  • Maria Sagrario Floro

Abstract

Gender differences have long been documented in earnings, employment opportunities, and time spent within the unpaid care economy. This paper joins the recent efforts in the economics literature on gender differences in asset ownership. Specifically, it investigates whether a gender-specific composition in asset ownership between heads of households and spouses can be detected among low-income, urban households in Bangkok, Thailand. The present case study explores this issue empirically, using a sample of 134 couples from a 2002 survey that collected data at the level of the individual respondent on accumulated physical and financial assets. Both husband and wife were interviewed separately and the data gathered from the interviews include pertinent household and individual information on employment, credit and household decision-making issues. The findings suggest that asset composition varies by gender, indicating that further investigation is warranted on this topic. Tobit and Probit tests are used to examine the factors that may affect this gendered pattern.

Suggested Citation

  • Rania Antonopoulos & Maria Sagrario Floro, 2005. "Asset Ownership along Gender Lines: Evidence from Thailand," Economics Working Paper Archive wp_418, Levy Economics Institute.
    • Handle: RePEc:lev:wrkpap:wp_418
    as

    Download full text from publisher

    File URL: https://www.levyinstitute.org/pubs/wp418.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. David W. Campbell & Wako Watanabe, 2001. "Household Saving in Japan," The Japanese Economic Review, Japanese Economic Association, vol. 52(2), pages 243-250, June.
    2. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-630, October.
    3. Johnson, Susan, 2004. "Gender Norms in Financial Markets: Evidence from Kenya," World Development, Elsevier, vol. 32(8), pages 1355-1374, August.
    4. Horioka, Charles Yuji & Watanabe, Wako, 1997. "Why Do People Save? A Micro-Analysis of Motives for Household Saving in Japan," Economic Journal, Royal Economic Society, vol. 107(442), pages 537-552, May.
    5. repec:dpr:wpaper:0248 is not listed on IDEAS
    6. Doss, Cheryl R., 1996. "Women'S Bargaining Power In Household Economic Decisions: Evidence From Ghana," Staff Papers 13517, University of Minnesota, Department of Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muntaha Rakib & Julia Anna Matz, 2016. "The Impact of Shocks on Gender-differentiated Asset Dynamics in Bangladesh," Journal of Development Studies, Taylor & Francis Journals, vol. 52(3), pages 377-395, March.
    2. Quisumbing, Agnes R., 2011. "Do men and women accumulate assets in different ways?: Evidence from rural Bangladesh," IFPRI discussion papers 1096, International Food Policy Research Institute (IFPRI).
    3. Goh, Amelia H. X., 2012. "A literature review of the gender-differentiated impacts of climate change on women's and men's assets and well-being in developing countries:," CAPRi working papers 106, International Food Policy Research Institute (IFPRI).
    4. Morton, Gregory Duff, 2019. "The power of lump sums: Using maternity payment schedules to reduce the gender asset gap in households reached by Brazil’s Bolsa Família conditional cash transfer," World Development, Elsevier, vol. 113(C), pages 352-367.
    5. Dillon, Andrew & Quiñones, Esteban J., 2010. "Asset dynamics in Northern Nigeria," IFPRI discussion papers 1049, International Food Policy Research Institute (IFPRI).
    6. Carmen Diana Deere & Gina E. Alvarado & Jennifer Twyman, 2012. "Gender Inequality in Asset Ownership in Latin America: Female Owners vs Household Heads," Development and Change, International Institute of Social Studies, vol. 43(2), pages 505-530, March.
    7. Siobhan Austen & Rachel Ong & Sherry Bawa & Therese Jefferson, 2013. "Trends in the Gender Wealth Gap Among Single Households in Australia, 2002-2010," Bankwest Curtin Economics Centre Working Paper series WP1308, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    8. Agnes R. Quisumbing & Bob Baulch, 2013. "Assets and Poverty Traps in Rural Bangladesh," Journal of Development Studies, Taylor & Francis Journals, vol. 49(7), pages 898-916, July.
    9. Kumar, Neha & Quisumbing, Agnes R., 2014. "Gender and resilience," IFPRI book chapters, in: Fan, Shenggen; Pandya-Lorch, Rajul; Yosef, Sivan (ed.), 2013 Global Food Policy Report, chapter 17, International Food Policy Research Institute (IFPRI).
    10. Hillesland, Marya, 2019. "Gender differences in risk behavior: An analysis of asset allocation decisions in Ghana," World Development, Elsevier, vol. 117(C), pages 127-137.
    11. Carmen Diana Deere & Cheryl R. Doss, 2006. "Gender and the Distribution of Wealth in Developing Countries," WIDER Working Paper Series RP2006-115, World Institute for Development Economic Research (UNU-WIDER).
    12. Grohmann, Antonia & Hübler, Olaf & Kouwenberg, Roy & Menkhoff, Lukas, 2021. "Financial literacy: Thai middle-class women do not lag behind," Journal of Behavioral and Experimental Finance, Elsevier, vol. 31(C).
    13. Bryan, Elizabeth & Behrman, Julia A., 2013. "Community–based adaptation to climate change: A theoretical framework, overview of key issues and discussion of gender differentiated priorities and participation," CAPRi working papers 109, International Food Policy Research Institute (IFPRI).
    14. Pandolfelli, Lauren & Meinzen-Dick, Ruth S. & Dohrn, Stephan, 2007. "Gender and collective action: A conceptual framework for analysis," CAPRi working papers 64, International Food Policy Research Institute (IFPRI).
    15. Behrman, Julia A. & Johnson, Nancy & Meinzen-Dick, Ruth Suseela & Njuki, Jemimah & Peterman, Amber & Quisumbing, Agnes R. & Rubin, Deborah & Waithanji, Elizabeth, 2011. "Gender, assets, and agricultural development programs: A conceptual framework:," CAPRi working papers 99, International Food Policy Research Institute (IFPRI).
    16. Leanne Roncolato & Nicholas Reksten & Caren Grown, 2017. "Engendering Growth Diagnostics: Examining Constraints to Private Investment and Entrepreneurship," Development Policy Review, Overseas Development Institute, vol. 35(2), pages 263-287, January.
    17. Agnes R. Quisumbing & Neha Kumar & Julia A. Behrman, 2018. "Do shocks affect men's and women's assets differently? Evidence from Bangladesh and Uganda," Development Policy Review, Overseas Development Institute, vol. 36(1), pages 3-34, January.
    18. Weeratunge, N. & Chiuta, T.M. & Choudhury, A. & Ferrer, A. & Hüsken, S.M.C. & Kura, Y. & Kusakabe, K. & Madzudzo, E. & Maetala, R. & Naved, R. & Schwarz, A. & Kantor, P., 2012. "Transforming aquatic agricultural systems towards gender equality: a five country review," Monographs, The WorldFish Center, number 39966, April.
    19. Behrman, Julia A. & Kumar, Neha & Quisumbing, Agnes R., 2011. "Do shocks affect men's and women's assets differently?: A review of literature and new evidence from Bangladesh and Uganda," IFPRI discussion papers 1113, International Food Policy Research Institute (IFPRI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rajat Deb, 2016. "Determinants of Savings in Sukanya Samriddhi Account: Evidence from Tripura," IIM Kozhikode Society & Management Review, , vol. 5(2), pages 120-140, July.
    2. Nyarko, Samuel Anokye, 2022. "Gender discrimination and lending to women: The moderating effect of an international founder," International Business Review, Elsevier, vol. 31(4).
    3. Agier, Isabelle & Szafarz, Ariane, 2013. "Microfinance and Gender: Is There a Glass Ceiling on Loan Size?," World Development, Elsevier, vol. 42(C), pages 165-181.
    4. Linda Nakato, 2024. "Including Men in a Female Financial Model: An Analysis of Informal Grassroots Financial Associations," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 36(1), pages 25-52, February.
    5. Floro, Maria & Antonopoulos, Rania, 2004. "Asset Depletion Among the Poor: Does Gender Matter? The Case of Urban Households in Thailand," Vassar College Department of Economics Working Paper Series 59, Vassar College Department of Economics.
    6. Che-cheong Poon & Tai-Yuen Hon, 2015. "Household Savings in Hong Kong: A Statistical Analysis," Journal of Family and Economic Issues, Springer, vol. 36(3), pages 353-368, September.
    7. Floro, Maria & Seguino, Stephanie, 2002. "Gender effects on aggregate saving: A Theoretical and Empirical Analysis," MPRA Paper 6541, University Library of Munich, Germany, revised Dec 2000.
    8. Wako Watanabe, 2005. "Income Uncertainty and Self-Reported Precautionary Wealth: Evidence from the Japanese Micro Data," ISER Discussion Paper 0636, Institute of Social and Economic Research, The University of Osaka.
    9. Seow Eng Ong & Davin Wang & Calvin Chua, 2023. "Disruptive Innovation and Real Estate Agency: The Disruptee Strikes Back," The Journal of Real Estate Finance and Economics, Springer, vol. 67(2), pages 287-317, August.
    10. Hong, Claire Yurong & Lu, Xiaomeng & Pan, Jun, 2021. "FinTech adoption and household risk-taking," BOFIT Discussion Papers 14/2021, Bank of Finland Institute for Emerging Economies (BOFIT).
    11. Schweri, Juerg & Hartog, Joop & Wolter, Stefan C., 2011. "Do students expect compensation for wage risk?," Economics of Education Review, Elsevier, vol. 30(2), pages 215-227, April.
    12. Foliano, Francesca & Tonei, Valentina & Sevilla, Almudena, 2024. "Social restrictions, leisure and well-being," Labour Economics, Elsevier, vol. 87(C).
    13. Fredrik Carlsson & Dinky Daruvala & Olof Johansson‐Stenman, 2005. "Are People Inequality‐Averse, or Just Risk‐Averse?," Economica, London School of Economics and Political Science, vol. 72(287), pages 375-396, August.
    14. Olivier Dagnelie & Philippe Lemay‐Boucher, 2012. "Rosca Participation in Benin: A Commitment Issue," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 74(2), pages 235-252, April.
    15. Lex Borghans & Angela Lee Duckworth & James J. Heckman & Bas ter Weel, 2008. "The Economics and Psychology of Personality Traits," Journal of Human Resources, University of Wisconsin Press, vol. 43(4).
    16. Bertocchi, Graziella & Brunetti, Marianna & Torricelli, Costanza, 2014. "Who holds the purse strings within the household? The determinants of intra-family decision making," Journal of Economic Behavior & Organization, Elsevier, vol. 101(C), pages 65-86.
    17. Kassie, Menale & Fisher, Monica & Muricho, Geoffrey & Diiro, Gracious, 2020. "Women’s empowerment boosts the gains in dietary diversity from agricultural technology adoption in rural Kenya," Food Policy, Elsevier, vol. 95(C).
    18. Fellner, Gerlinde & Maciejovsky, Boris, 2007. "Risk attitude and market behavior: Evidence from experimental asset markets," Journal of Economic Psychology, Elsevier, vol. 28(3), pages 338-350, June.
    19. Masayuki MORIKAWA, 2017. "Impact of Policy Uncertainty on Consumption and Saving Behavior: Evidence from a survey on consumers," Discussion papers 17075, Research Institute of Economy, Trade and Industry (RIETI).
    20. Peter, Zachariah & Kabir Hamid, Tahir & Ibrahim, Mohammed, 2020. "Board Attributes And Tax Planning Of Listed Non-Financial Companies In Nigeria," International Journal of Contemporary Accounting Issues-IJCAI (formerly International Journal of Accounting & Finance IJAF), The Institute of Chartered Accountants of Nigeria (ICAN), vol. 9(1), pages 130-146, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lev:wrkpap:wp_418. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lindsey Carter (email available below). General contact details of provider: https://www.levyinstitute.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.