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Popular discourse tends to depict women as less likely than men to take risks. Christine LaGarde, Managing Director of the International Monetary Fund, famously implied that women make less risky financial decisions when she stated that the financial crisis of 2008 would not have occurred “if it had been Lehman Sisters rather than Lehman Brothers”. But are women really more risk-averse than men? Research has in fact shown that men and women are more similar in their risk preferences than commonly believed. We bust this myth with leading experts to show that women may act more risk- averse only because of gender norms that place expectations on them to do so.
Featured Guests:
Dr. Thekla Morgenroth, previously of University of Exeter and now at Purdue University
Dr. Julie Nelson, University of Massachusetts Boston
Research Mentioned:
For more research and resources (https://www.gendereconomy.org) or click here .
For transcript + show notes please visit out website (www.gendereconomy.org/Busted) or click here.
This podcast is a GATE Audio production from the University of Toronto’s Institute for Gender and the Economy: www.gendereconomy.org
5
77 ratings
Popular discourse tends to depict women as less likely than men to take risks. Christine LaGarde, Managing Director of the International Monetary Fund, famously implied that women make less risky financial decisions when she stated that the financial crisis of 2008 would not have occurred “if it had been Lehman Sisters rather than Lehman Brothers”. But are women really more risk-averse than men? Research has in fact shown that men and women are more similar in their risk preferences than commonly believed. We bust this myth with leading experts to show that women may act more risk- averse only because of gender norms that place expectations on them to do so.
Featured Guests:
Dr. Thekla Morgenroth, previously of University of Exeter and now at Purdue University
Dr. Julie Nelson, University of Massachusetts Boston
Research Mentioned:
For more research and resources (https://www.gendereconomy.org) or click here .
For transcript + show notes please visit out website (www.gendereconomy.org/Busted) or click here.
This podcast is a GATE Audio production from the University of Toronto’s Institute for Gender and the Economy: www.gendereconomy.org
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