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Sociology

Dissertations

2014

Behavioral economics

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Three Essays On Gender Differences On Risk Preferences And Credit Market Constraints, Jyoti Rai Dec 2014

Three Essays On Gender Differences On Risk Preferences And Credit Market Constraints, Jyoti Rai

Dissertations

The disadvantages that women face in the financial market hamper their social and economic well-being. These disadvantages may arise from their own risk preferences or from financial market. The aim of this dissertation is to examine different aspects of the disadvantages that women face in the U.S Financial Market. In that light, I present three essays that analyze gender differences in risk preferences and credit market constraints. I use the Survey of Consumer Finances (SCF) data for all my empirical analysis.

In the first essay, I examine whether women exhibit greater financial risk aversion than men using attitudinal and behavioral …