Gender Roles and the Gender Expectations Gap

Ulrike M. Malmendier, Francesco D'Acunto and Michael Weber

No 14932, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Expectations about economic variables vary systematically across genders. In the domain of inflation, women have systematically higher expectations than men. We argue that traditional gender roles are a significant factor in generating this gender expectations gap as they expose women and men to different economic signals in their daily lives. Using unique data on the participation of men and women in household grocery chores, their resulting exposure to price signals, and their inflation expectations, we document a tight link between the gender expectations gap and the distribution of grocery shopping duties. Since grocery prices are highly volatile, and consumers focus disproportionally on positive price changes, frequent exposure to grocery prices increases perceptions of current inflation and expectations of future inflation. We show that the gender expectations gap is largest in households whose female heads are solely responsible for grocery shopping, whereas no gap arises in households in which grocery shopping is split equally between men and women. We discuss how gender roles, through the gender expectations gap, can lead women to suboptimal economic choices.

Keywords: Gender gap; Expectations; Perceptions; Experiences; Exposure (search for similar items in EconPapers)
JEL-codes: C90 D14 D84 E31 E52 G11 (search for similar items in EconPapers)
Date: 2020-06
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

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Related works:
Working Paper: Gender Roles and the Gender Expectations Gap (2021)
Working Paper: Gender Roles and the Gender Expectations Gap (2020)
Working Paper: Gender Roles and the Gender Expectations Gap (2020)
Working Paper: Gender Roles and the Gender Expectations Gap (2020)
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