Home bitter home? Gender, living arrangements, and the exclusion from homeownership among older Europeans

Abstract Homeownership is the most important asset among the elderly in Europe, but very little is known about gender and living arrangement differences in this domain. This paper aims at exploring patterns of exclusion from homeownership among middle-aged and older Europeans from a gender perspective, and with a special focus on their household composition. The analysis is based on the fourth wave of the “Survey of Health, Aging and Retirement in Europe” and includes a sub-sample of about 56,000 individuals aged 50 or over, living in 16 European countries. We estimated a set of multinomial logit models to examine the probability of being either tenant or rent-free occupiers versus homeowners. Our findings show that women are generally more likely to be excluded from homeownership than men. Nevertheless, a closer look suggests that the gender gap in homeownership is essentially generated by compositional differences between men and women, with the most relevant factor being household type. Older women are almost as twice as likely as men to live alone, which is associated—other things being equal—with a particular low likelihood to be homeowners virtually in every European country

Gendered paths to asset accumulation? Markets, savings, and credit in developing countries

An extensive literature shows how property inheritance is biased against women in many developing countries, yet relatively little attention has been given to gender bias in other means of acquiring physical assets, such as the market. Using individual-level data from Ecuador, Ghana, and Karnataka, India, this study analyzes modes of acquisition and financing of housing, agricultural land, other real estate, and businesses. The findings show that women acquire fewer of their assets through the market than men, and that in asset markets, both men and women are more likely to use their own savings than to use credit. The study also analyzes current loans for asset acquisition and finds that, in general, women tend to be somewhat disadvantaged in securing formal bank loans. The results suggest that financial inclusion to promote more gender equal access to accumulation of assets should focus on both savings and credit, with priority to savings

Gendered paths to asset accumulation? Markets, savings, and credit in developing countries

An extensive literature shows how property inheritance is biased against women in many developing countries, yet relatively little attention has been given to gender bias in other means of acquiring physical assets, such as the market. Using individual-level data from Ecuador, Ghana, and Karnataka, India, this study analyzes modes of acquisition and financing of housing, agricultural land, other real estate, and businesses. The findings show that women acquire fewer of their assets through the market than men, and that in asset markets, both men and women are more likely to use their own savings than to use credit. The study also analyzes current loans for asset acquisition and finds that, in general, women tend to be somewhat disadvantaged in securing formal bank loans. The results suggest that financial inclusion to promote more gender equal access to accumulation of assets should focus on both savings and credit, with priority to savings

After much debate, corporate accountability bills before the legislature have be

After much debate, corporate accountability bills before the legislature have been largely defeated. Detailed article on the Maine Citizen Leadership Fund\u27s business findings, the environmental standards bill (L.D. 2526), the work of the Maine Economic Development Incentives corporation expressed in L.D. 2460, and the living wage bill (L.D. 2516). Related editorial on defeated corporate accountability proposals L.D. 2384, 2501, 2390, 2526, 2516, and 2460

Do men and women estimate property values differently?

Wealth data are typically obtained by asking respondents about the value of their key assets. Yet, what if the answers to valuation questions vary systematically depending on who is interviewed? Using nationally representative data from Ghana and Ecuador and for the state of Karnataka, India, we analyze whether men and women provide different responses to questions about the monetary value of their home. Using a DFL decomposition across the full sample and comparing the responses of husbands and wives in our couple sample, we find that overall, the distribution of monetary values reported by women tends to be narrower than that reported by men. This finding has implications both for data collection efforts and for measures of the gender wealth gap