Hsu Joanne W
Joanne W. Hsu is an economist at the Federal Reserve Board.
J Hum Resour. 2016 Fall;51(4):1036-1067. doi: 10.3368/jhr.51.4.1014-6712r.
Women tend to be less financially literate than men, consistent with a division of labor where husbands manage finances. However, women tend to outlive their husbands. I find that older women acquire financial literacy as they approach widowhood - 80 percent would catch up with their husbands by the expected onset of widowhood. These gains are not attributable to husbands' cognitive decline, as captured by cognition tests. The results are consistent with a model in which the division of labor collapses when a spouse dies: women have incentives to delay acquiring financial human capital, but also to begin learning before widowhood.
女性在金融知识方面往往不如男性，这与丈夫管理财务的分工模式相符。然而，女性往往比丈夫寿命更长。我发现老年女性在接近守寡时会获得金融知识——到预期的守寡开始时，80%的女性将赶上她们的丈夫。这些进步并非归因于丈夫的认知能力下降，认知测试体现了这一点。研究结果与一种模型相符，即在配偶去世时分工模式瓦解：女性有动机推迟获取金融人力资本，但也会在守寡前开始学习。
