Replication data for: Cross-Country Differences in Household Stock Market Participation: The Role of Gender Norms

Principal Investigator(s): View help for Principal Investigator(s) Da Ke

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Project Citation:

Ke, Da. Replication data for: Cross-Country Differences in Household Stock Market Participation: The Role of Gender Norms. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116446V1

Project Description

Summary: What explains substantial variation across countries in household stock market participation? Building on Ke (2018), I hypothesize that the prevailing gender norm in a country is an important cultural factor. In a cross-country analysis, I find that households in countries with strong gender norms are less likely to participate in the stock market. In addition, I present suggestive evidence that gender role attitudes help explain cross-country differences in participation among the wealthy. My findings underscore the role of social norms in shaping household balance sheets across countries.

Scope of Project

JEL Classification:
      D14 Household Saving; Personal Finance
      G11 Portfolio Choice; Investment Decisions
      J16 Economics of Gender; Non-labor Discrimination
      O12 Microeconomic Analyses of Economic Development
      O16 Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
      Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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Published Versions

V1 [2019-12-07]

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