FAMILY MONEY MANAGEMENT ARRANGEMENTStsigeto.info/isa14/rc06-s6-3/Valente-Coelho-2014-ISA... · 2014. 8. 1. · ptdc/ivc-soc/4823/2012-fcomp-01-0124-feder-029372 family money management

PTDC/IVC-SOC/4823/2012-FCOMP-01-0124-FEDER-029372

FAMILY MONEY MANAGEMENT

ARRANGEMENTS:USING THE 2010 STATISTICS ON INCOME AND LIVING

CONDITIONS SURVEY TO STUDY THE PORTUGUESE CASE

ALEXANDRA FERREIRA-VALENTE

LINA COELHO

July 19th 2014

PTDC/IVC-SOC/4823/2012-FCOMP-01-0124-FEDER-029372PTDC/IVC-SOC/4823/2012-FCOMP-01-0124-FEDER-029372

RESEARCH OVERVIEW

GENDER & MARRIAGE

IDEOLOGIES

SOCIOECONOMIC & LABOR MARKET

FACTORS

HOUSEHOLD MONEY

MANAGEMENT ARRANGEMENTS

POWER OVER FINANCIAL DECISIONS

ACCESS TO A PERSONAL

SPENDING MONEY

WELL-BEING & LIFE

STANDARDS

SATISFACTION WITH THE

RELATIONSHIP HOUSEHOLD MONEY

MANAGMENT ARRANGEMENTS

GENDER & FINANCIAL DECISIONS

CRISES


FEMALE WHOLE WAGE

HOUSEHOLD MONEY MANAGMENT

ARRANGEMENTS

HOUSEKEEPING ALLOWANCE

MALE WHOLE WAGE

JOINT POOL

PARTIAL POOL

INDEPENDENT MANAGEMENT

RESEARCH OVERVIEW


AIMS

� Apply Pahl andVogler’s money management typology to thePortuguese case� Pahl, 1989, 1995

� Vogler & Pahl, 1993, 1994

� Kwon the Portuguese intra-household money management patterns

� Study the socioeconomic determinants of such patterns


PARTICIPANTS

2010 EU-SILC

� N = 5182 households (ADP)

INCLUSION CRITERIA:

� ADP composed by at least one heterosexual couple� Married/Cohabiting� With (or without) dependent children� Living (or not) with other adults

� ADP with income

� ADP’s income managed by at least one member of the couple

� N = 3331 ADPs


PARTICIPANTS

7,9

13,7

36,7

41,8

Famílias alargadas e outrasfamílias

Casal com outros jovensadultos

Casal com filhos dependentes

Casal (2 adultos)

Household’s Composition

10,5

89,5

Casal em união de facto

Casal casado

Estatuto da Relação

Couple living alone

Couple with dependent children

Couple living with other younger adults

Extended family or other

Married couple

Cohabiting couple


FWW HKA MWW JP PP IMS

Responsibleformanagement

WomanWoman (may be the

man)Man Both Both

Each partner manages her/his personal income

% incomeskeptseparate

Less than 50% - Less than 50%Non

e

Less than 50%

All incomes

Breadwinner Man (maybe the woman)

Man Man - - -

Who decidesin most ofthe spheresof financialdecisions

Woman (the man or both partners

may take decisions on one or more of the inquired

spheres)

Woman takes decisions about

everyday shopping and expenses with the children; Man decides about the remaining

spheres

Man (the woman or both partners may take decisions

on one or more of the inquired

spheres)

Both - -

Access tobankaccounts

- - - BothBoth; maybe

only one

-


10,7

3,2

18,9

43,7

20,8

2,8

10 8

55

17

10


Portugal 2010 UK 2002

� Apply Pahl andVogler’s money management typology to thePortuguese case

RESULTS


� Portuguese intra-household money management patterns

9.842,3 €9.980,5 €

11.748,4 €

11.392,6 € 11.383,4 € 11.406,4 €0,86

0,36

0,770,8

0,73

0,95

0

0,1

0,2

0,3

0,4

0,5

0,6

0,7

0,8

0,9

1

8.500 €

9.000 €

9.500 €

10.000 €

10.500 €

11.000 €

11.500 €

12.000 €


Rendimento por Adulto Equivalente

Racio rendimento da mulher/Rendimento do homem

RESULTS


RESULTS


Family

IncomeLow Low Highest High High High

Woman’s

Professional

StatusPart Time Part Time Retired Full Time Full Time Full Time

Woman’s

Income

(Vs Man’s)Lower Lowest Lower Lower Lower Similar

Socio-

Professional

Class /

Other

Working Working - - -BlendedFamilies


RESULTSMULTINOMIAL REGRESSION ANALYSIS

HOUSEHOLD MONEY

MANAGMENT ARRANGEMENTS

PARTNERS’ RELATIVE INCOME CONTRIBUTION

TYPE OF FAMILY

PARTNERS’ PROFESSIONAL STATUS

MAN’S PROFESSIONALCLASS

RESIDENCE AREA

WHO ANSWERED

Pseudo-R = 0.16



(as compared with joint pool)

PARTIAL POOLING

PARENTS WITH DEPENTENT CHILDREN

WORKING CLASS

LIVING IN RURAL AREAS

EXTENDED FAMILIES

COUPLES LIVING WITH OTHER YOUNGER ADULTS




MALE WHOLE WAGE


WOMEN HAS HIGHER INCOME

BOTH RETIRED





FEMALE WHOLE WAGE


INTERMEDIATE PROFESSIONAL CLASS

WOMAN WORKS PART-TIME


BOTH RETIRED

OTHER PROFESSIONAL STATUS

WOMEN IS THE REFERENCE PERSON




HKA


EQUAL INCOME

INTERMEDIATE PROFESSIONAL CLASS

WOMAN IS HOUSEKEEPER OR WORKS PART-TIME

OTHER PROFESSIONAL STATUS




IMS


RURAL AREA

INTERMEDIATE RESIDENCE AREA

BLENDED FAMILY

WOMAN IS THE REFERENCE PERSON


REFERENCES

� Coelho, L. (2013). O meu, o teu, o nosso dinheiro: Contributos para o estudo da gestão das finanças conjugais em Portugal. Revista Crítica de Ciências Sociais, 101, 89-110.

� Coelho, L. (coord.), Ferreira-Valente, A., Cordeiro Santos, A., Frade, C., Vieira, C., Jesus, F., Oliveira, M., Marques, R., & Portugal, S. (2014). Finances, gender and power: how are Portuguese households managing their finances in the context of economic crises? – Preliminary results. Coimbra: CES.

Documents

FAMILY MONEY MANAGEMENT ARRANGEMENTStsigeto.info/isa14/rc06-s6-3/Valente-Coelho-2014-ISA... · 2014. 8. 1. · ptdc/ivc-soc/4823/2012-fcomp-01-0124-feder-029372 family money management