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Article: New data from Harvard University illuminate research in economics.
- Article from:
- Economics Week
- Article date:
- November 6, 2009
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According to recent research published in the journal American Economic Review, "I elicit causal effects of spousal observability and communication on financial choices of married individuals in the Philippines. When choices are private, men put money into their personal accounts."
"When choices are observable, men commit money to consumption for their own benefit. When required to communicate, men put money into their wives' account. These strong treatment effects on men, but not women, appear related more to control than to gender: men whose wives control household savings respond more strongly to the treatment and women whose husbands control savings exhibit ...