Does the fact that women tend to spend more on their children than men do mean they care more about them? In this video, Michèle Tertilt discusses findings from a study in Mexico which suggest that as women tend to earn lower wages, and therefore have a lower opportunity cost of time, they specialise in goods that are time-intensive, including childrearing, and spend more money on these. Men, on the other hand, spend more on money-intensive goods like agricultural inputs or investments. Targeting transfers at women can stimulate economic growth if human capital has high returns, but where physical capital is lacking, targeting transfers at men can lead to higher growth. …...more
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