Gender difference and intra-household economic power in mortgage signing order

Sumit Agarwal; Richard Green; Eric Rosenblatt; Vincent W. Yao; Jian Zhang

doi:10.1016/j.jfi.2018.01.001

Gender difference and intra-household economic power in mortgage signing order

Sumit Agarwal^*, Richard Green, Eric Rosenblatt, Vincent W. Yao, Jian Zhang

^*Corresponding author for this work

Research output: Contribution to journal › Journal article › peer-review

7 Citations (Scopus)

Abstract

This paper adopts a novel approach to examine the roles of gender difference and intra-household economic power in mortgage signing order. We develop an “economic power” index based on relative economic power within the same-sex couple households. We then use this measure along with gender identity and other factors to explain signing order in different-gender couples. Our results suggest that, while pure economic power explains much of the observed signing order, gender difference plays an important role. Analysis exploiting regional variation reveals that gender difference in signing order is greater in states with a larger gender wage gap and red states whose residents predominantly vote for the Republican.

Original language	English
Pages (from-to)	86-100
Number of pages	15
Journal	Journal of Financial Intermediation
Volume	36
DOIs	https://doi.org/10.1016/j.jfi.2018.01.001
Publication status	Published - Oct 2018

Scopus Subject Areas

Finance
Economics and Econometrics

User-Defined Keywords

Economic power
Gender difference
Household finance
Mortgage application

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.jfi.2018.01.001

Cite this

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title = "Gender difference and intra-household economic power in mortgage signing order",

abstract = "This paper adopts a novel approach to examine the roles of gender difference and intra-household economic power in mortgage signing order. We develop an “economic power” index based on relative economic power within the same-sex couple households. We then use this measure along with gender identity and other factors to explain signing order in different-gender couples. Our results suggest that, while pure economic power explains much of the observed signing order, gender difference plays an important role. Analysis exploiting regional variation reveals that gender difference in signing order is greater in states with a larger gender wage gap and red states whose residents predominantly vote for the Republican.",

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AU - Agarwal, Sumit

AU - Green, Richard

AU - Rosenblatt, Eric

AU - Yao, Vincent W.

AU - Zhang, Jian

PY - 2018/10

Y1 - 2018/10

N2 - This paper adopts a novel approach to examine the roles of gender difference and intra-household economic power in mortgage signing order. We develop an “economic power” index based on relative economic power within the same-sex couple households. We then use this measure along with gender identity and other factors to explain signing order in different-gender couples. Our results suggest that, while pure economic power explains much of the observed signing order, gender difference plays an important role. Analysis exploiting regional variation reveals that gender difference in signing order is greater in states with a larger gender wage gap and red states whose residents predominantly vote for the Republican.

AB - This paper adopts a novel approach to examine the roles of gender difference and intra-household economic power in mortgage signing order. We develop an “economic power” index based on relative economic power within the same-sex couple households. We then use this measure along with gender identity and other factors to explain signing order in different-gender couples. Our results suggest that, while pure economic power explains much of the observed signing order, gender difference plays an important role. Analysis exploiting regional variation reveals that gender difference in signing order is greater in states with a larger gender wage gap and red states whose residents predominantly vote for the Republican.

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KW - Gender difference

KW - Household finance

KW - Mortgage application

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ER -

Gender difference and intra-household economic power in mortgage signing order

Abstract

Scopus Subject Areas

User-Defined Keywords

UN SDGs

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