Husbands’ and wives’ view of the family finances
نویسنده
چکیده
Do husbands and wives have the same view of the family’s financial situation? This research shows that when couples are asked separately about finances, very different views emerge of income and wealth. Quantifying the gap between husbands’ and wives’ financial statements shows half of all couples provide family income values that differ by more than 10% and net worth values that differ by more than 30%. The typical husband states the family receives more income each year and holds more gross assets than his wife states. The typical wife reports the family owes more debts than her husband. © 2003 Elsevier Science Inc. All rights reserved. JEL classification: D31; D10; J12
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