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Money management in russian families

Dilyara Ibragimova ()
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Dilyara Ibragimova: National Research University Higher School of Economics. Department of Economic Sociology

HSE Working papers from National Research University Higher School of Economics

Abstract: This paper reports the findings of an all-Russian cross-sectional representative survey (N=1600) that was carried out by HSE in 2011. It investigates money management in Russian families. Pooling is the most common money management style, however, the choice of budget management system does not fully account for financial control and power in the household. The regression results show that main determinants for choosing a budget management system are per capita household income, respondents’ gender, wives’ education, marital age, and the budget management system in the parental family. Moreover, the interaction between the parental budget management system and current practice of budgeting in the respondent's family varies between men and women. Among those respondents who repeat the budget management system in their parents family men are more likely to choose the male dominated system, while women are more likely to choose the female dominated system, or pooling system.

Keywords: budget management; sociology of consumer finance; gender norms; gender identity; family; households. (search for similar items in EconPapers)
JEL-codes: A14 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2013
New Economics Papers: this item is included in nep-cis and nep-tra
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Published in WP BRP Series: Sociology / SOC, August 2013, pages 1-41

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http://www.hse.ru/data/2012/08/17/1257047979/11SOC2012.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:11/soc/2013

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