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Intra-household decision making and long-term welfare effects: New empirical evidence

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  • Grohmann, Antonia
  • Filipiak, Ute
  • Heyerhorst, Franziska

Abstract

This paper looks at household consumption and financial decisions made in a matrilineal society where women are by culture the financial household managers. This culture was strongly altered by the British in the mid-19th century. We use the distance to the former base as an instrument for women empowerment. Results show that households that follow the matrilineal Khasi tradition, spend more on education and nutrition, but are less likely to have savings left at the end of the month.

Suggested Citation

  • Grohmann, Antonia & Filipiak, Ute & Heyerhorst, Franziska, 2017. "Intra-household decision making and long-term welfare effects: New empirical evidence," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168140, Verein für Socialpolitik / German Economic Association.
    • Handle: RePEc:zbw:vfsc17:168140
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    References listed on IDEAS

    as
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    3. James P. Smith & John J. McArdle & Robert Willis, 2010. "Financial Decision Making and Cognition in a Family Context," Economic Journal, Royal Economic Society, vol. 120(548), pages 363-380, November.
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    6. Rink, Ute & Walle, Yabibal M. & Klasen, Stephan, 2021. "The financial literacy gender gap and the role of culture," The Quarterly Review of Economics and Finance, Elsevier, vol. 80(C), pages 117-134.
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    More about this item

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • Z1 - Other Special Topics - - Cultural Economics

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