Raquel Fonseca|Kathleen J. Mullen|Gema Zamarro|Julie Zissimopoulos
What Explains the Gender Gap in Financial Literacy? The Role of Household Decision Making
Université du Québec à Montréal|RAND Corporation|Frederick S. Pardee RAND Graduate School|University of Southern California
using newly collected data rand american life panel examine potential explanations gender gap financial literacy including role marriage within couple makes financial decisions blinderoaxaca decomposition reveals majority gender gap financial literacy explained differences characteristics men womenbut rather differences coefficients literacy produced find financial decision making couples centralized one spouse although sensitive relative education level spouses