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Interactional Associations of Gender on Savings Behavior: Showing Gender’s Continued Influence on Economic Action

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  • Elizabeth Whitaker
  • Janet Bokemeiner
  • Scott Loveridge

Abstract

This study looks at how gender relates to a critical economic behavior—savings activity. We start with the proposition that gender is not merely an additional variable to explain savings choices. Gender is the primary type of social categorization in the U.S. today. Therefore, other variables will be differently relevant to savings depending on gender. We use a national survey, the 2006 Economic Decision Making Survey conducted by Michigan State University’s Institute for Public Policy and Social Research, to examine the proposition. Basic frequencies reveal nonsignificant differences in savings participation across gender, but regression analysis including interactions of gender with other key variables reveals that multiple aspects of individuals’ lives are influenced by gender to predict savings plan participation. Copyright Springer Science+Business Media, LLC 2013

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  • Elizabeth Whitaker & Janet Bokemeiner & Scott Loveridge, 2013. "Interactional Associations of Gender on Savings Behavior: Showing Gender’s Continued Influence on Economic Action," Journal of Family and Economic Issues, Springer, vol. 34(1), pages 105-119, March.
    • Handle: RePEc:kap:jfamec:v:34:y:2013:i:1:p:105-119
    DOI: 10.1007/s10834-012-9307-2
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    3. Mirpourian, Mehrdad, 2020. "A Gendered Look at Savings Behavior among Nigerian Microsavers," MPRA Paper 103062, University Library of Munich, Germany.
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    6. Okechukwu D. Anyamele, 2018. "Racial Ethnic differences in Household Loan Delinquency Rate in recent financial crisis: Evidence from 2007 and 2010 Survey of Consumer Finances," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 8(3), pages 1-4.
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