This week we want to highlight a
by Armin Falk and Johannes Hermle looking at the nature of gender differences in economic preferences (e.g., risk aversion, patience, altruism, etc...) across countries with different levels of economic development and gender inequality.
They find a very interesting (and to Justin initially counter-intuitive) pattern that gender differences are
in more developed countries with more gender equality. Economic development and gender inequality tend to make the genders perform more similarly. Their interpretation of the result is that in places with more resources there is less focus on universal goals of basic subsistence and more scope for gender-specific preferences to reveal themselves. They also argue that gender equality may make it easier for the genders to express different preferences.
Justin is not sure he's convinced on this, but wanted to highlight it because a) it is generally interesting and b) it highlights the important point that the preferences we measure in the lab can be culturally specific, which may be an important point for some applied research.