IDEAS home Printed from https://ideas.repec.org/p/sol/wpaper/2013-290603.html
   My bibliography  Save this paper

Managing Economic Volatility. A Gender Perspective

Author

Listed:
  • Elena Reboul
  • Isabelle Guérin
  • Antony Raj
  • G. Venkatasubramanian

Abstract

The implications of income and expenses volatility in terms of financial practices have been widely documented, demonstrating the critical role of money management in the survival of vulnerable households. The gender of this, however, is a neglected dimension. Based on data collected in South India combining ethnography and Financial Diaries, with 8 households followed for 9 months and data disaggregated by sex, this paper discusses the methodological and theoretical implications of a gender analysis of income volatility, its management and its burden. In our context of study characterized by dynamic processes of financialisation, low and volatile incomes give to credit a prominent place in budget management strategies, both from the side of inflows and outflows. Economic volatility tends to blur the boundaries between expense, saving, credit and income; and these shifts in turn question the categories of recipient, (female) money manager or (male) breadwinner. While women tend to earn low incomes, they borrow a substantial part of household debts: and accounting for these practices alters sometimes drastically the vision of their role as breadwinners that could stem from their sole earnings. Besides, beyond borrowing, women are predominantly the ones who shoulder the responsibility for debt settlement, a task that requires skills, time, and the involvement in all a range of secondary activities aiming at ensuring repayment capacity and creditworthiness. The burden of economic volatility appears thereby to be gendered, strengthening women's unpaid domestic duties through this "labour of the debt''.

Suggested Citation

  • Elena Reboul & Isabelle Guérin & Antony Raj & G. Venkatasubramanian, 2019. "Managing Economic Volatility. A Gender Perspective," Working Papers CEB 19-015, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:sol:wpaper:2013/290603
    as

    Download full text from publisher

    File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/290603/3/wp19015.pdf
    File Function: Œuvre complète ou partie de l'œuvre
    Download Restriction: no

    References listed on IDEAS

    as
    1. C. Mark Blackden & Quentin Wodon, 2006. "Gender, Time Use, and Poverty in Sub-Saharan Africa," World Bank Publications, The World Bank, number 7214.
    2. Katharine Rankin, 2013. "A critical geography of poverty finance," Third World Quarterly, Taylor & Francis Journals, vol. 34(4), pages 547-568.
    3. Carolyn Vogler & Jan Pahl, 1993. "Social and Economic Change and the Organisation of Money within Marriage," Work, Employment & Society, British Sociological Association, vol. 7(1), pages 71-95, March.
    4. Nancy Folbre, 2006. "Measuring Care: Gender, Empowerment, and the Care Economy," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 7(2), pages 183-199.
    5. Supriya Garikipati & Isabelle Agier & Isabelle Guérin & Ariane Szafarz, 2017. "The Cost of Empowerment: Multiple Sources of Women’s Debt in Rural India," Journal of Development Studies, Taylor & Francis Journals, vol. 53(5), pages 700-722, May.
    6. Deborah Thorne, 2010. "Extreme Financial Strain: Emergent Chores, Gender Inequality and Emotional Distress," Journal of Family and Economic Issues, Springer, vol. 31(2), pages 185-197, June.
    7. Pahl, Jan, 1995. "His money, her money: Recent research on financial organisation in marriage," Journal of Economic Psychology, Elsevier, vol. 16(3), pages 361-376, September.
    8. Kabeer, Naila, 2001. "Conflicts Over Credit: Re-Evaluating the Empowerment Potential of Loans to Women in Rural Bangladesh," World Development, Elsevier, vol. 29(1), pages 63-84, January.
    9. Abhi Dattasharma & Rajalaxmi Kamath & Smita Ramanathan, 2016. "The Burden of Microfinance Debt: Lessons from the Ramanagaram Financial Diaries," Development and Change, International Institute of Social Studies, vol. 47(1), pages 130-156, January.
    10. Ghosh, Saibal & Vinod, D., 2017. "What Constrains Financial Inclusion for Women? Evidence from Indian Micro data," World Development, Elsevier, vol. 92(C), pages 60-81.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    gender; debt; volatility; division of labor; India;

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:sol:wpaper:2013/290603. 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: (Benoit Pauwels). General contact details of provider: http://edirc.repec.org/data/cebulbe.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.