Gender Roles and the Gender Expectations Gap

33 Pages Posted: 4 Mar 2020 Last revised: 29 May 2020

See all articles by Francesco D'Acunto

Francesco D'Acunto

Georgetown University

Ulrike Malmendier

University of California, Berkeley - Department of Economics; University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA)

Michael Weber

University of Chicago - Finance; National Bureau of Economic Research (NBER)

Multiple version iconThere are 5 versions of this paper

Date Written: February 29, 2020

Abstract

Expectations about macro-finance variables, such as inflation, vary significantly across genders, even within the same household. We conjecture that traditional gender roles expose women and men to different economic signals in their daily lives, which in turn produce systematic variation in expectations. Using unique data on the contributions of men and women to household grocery chores, their resulting exposure to price signals, and their inflation expectations, we show that the gender expectations gap is tightly linked to participation in grocery shopping. We also document a gender gap in other economic expectations and discuss how it might affect economic choices.

Keywords: Gender Gap, Expectations, Perceptions, Experiences, Exposure

JEL Classification: C90, D14, D84, E31, E52, G11

Suggested Citation

D'Acunto, Francesco and Malmendier, Ulrike and Weber, Michael, Gender Roles and the Gender Expectations Gap (February 29, 2020). Chicago Booth Research Paper No. 20-03, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-11, Initiative on Global Markets Paper No. 162, Available at SSRN: https://ssrn.com/abstract=3547537 or http://dx.doi.org/10.2139/ssrn.3547537

Francesco D'Acunto

Georgetown University ( email )

Washington, DC 20057
United States

Ulrike Malmendier

University of California, Berkeley - Department of Economics ( email )

549 Evans Hall #3880
Berkeley, CA 94720-3880
United States
(510) 642-8724 (Phone)
(510) 642-6615 (Fax)

HOME PAGE: http://www.econ.berkeley.edu/~ulrike/

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Institute for the Study of Labor (IZA)

P.O. Box 7240
Bonn, D-53072
Germany

HOME PAGE: http://www.iza.org/en/webcontent/personnel/photos/index_html?key=918

Michael Weber (Contact Author)

University of Chicago - Finance ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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