Managing one's personal finances: Are women more overconfident than men?

Cecilia Hermansson () and Sara Jonsson ()
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Cecilia Hermansson: Department of Real Estate and Construction Management, Royal Institute of Technology, Postal: Department of Real Estate and Construction Management, Royal Institute of Technology, Brinellvägen 1, 100 44 Stockholm, Sweden
Sara Jonsson: Stockholm University, Stockholm Business School, Postal: SE-106 91 Stockholm, Sweden

No 20/1, Working Paper Series from Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance

Abstract: We investigate gender differences in overconfidence in managing one’s personal finances and find that women are more overconfident than men in this context. Overconfidence decreases with educational level for both genders, however, the decrease is larger for men.

Keywords: overconfidence; education; gender; personal finances (search for similar items in EconPapers)
JEL-codes: G40 G51 G53 J16 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2020-03-11
New Economics Papers: this item is included in nep-gen
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