Investments, time preferences and public transfers paid to women.
Investments, time preferences and public transfers paid to women.
复制标题
向妇女支付的投资、时间偏好和公共转移支付。
DOI：
10.1086/596617
复制
发表时间：
2009
影响因子：
2
通讯作者：
Thomas,Duncan
中科院分区：
文献类型：
--
作者：
Rubalcava,Luis;Teruel,Graciela;Thomas,Duncan
文献表明，男性和女性可能有不同的偏好。本文利用了一项社会实验，在该实验中，治疗家庭中的妇女获得了大笔公共现金转移（PROGRESA）。为了将家庭额外收入的影响与改变家庭收入分配的影响区分开来，将PROGRESA收入对储蓄和投资决策的影响与所有其他收入来源进行了比较（在考虑了参与该计划的情况后）。妇女手中的额外资金用于购买小型牲畜（传统上由妇女管理和照料）、改善营养和儿童用品（特别是服装）。在单亲家庭中，PROGRESA收入与其他收入没有区别对待。墨西哥家庭生活调查收集的跨期偏好的直接证据表明，在考虑未来时，女性比男性更有耐心。综上所述，结果表明，PROGRESA收入导致了家庭内部权力平衡的转变，女性为未来的投资分配了更多的资源。
The literature suggests that men and women may have different preferences. This paper exploits a social experiment in which women in treatment households were given a large public cash transfer (PROGRESA). In an effort to disentangle the effect of additional income in the household from the effect of changing the distribution of income within the household, the impact of PROGRESA income on savings and investments decisions is compared with all other income sources (after taking into account participation in the program). Additional money in the hands of women is spent on small livestock (which are traditionally managed and cared for by women), improved nutrition, and child goods (particularly clothing). Among single‐headed households, PROGRESA income is not treated differently from other income. Direct evidence on intertemporal preferences gathered in the Mexican Family Life Survey indicates that women are more patient than men when thinking about the future. Taken together, the results suggest that PROGRESA income results in a shift in the balance of power within households and that women allocated more resources toward investments in the future.