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Revista mexicana de economía y finanzas
On-line version ISSN 2448-6795Print version ISSN 1665-5346
Abstract
CACERES, Luis Rene. Gender and domestic savings in Latin America. Rev. mex. econ. finanz [online]. 2020, vol.15, n.3, pp.414-434. Epub Feb 10, 2021. ISSN 2448-6795. https://doi.org/10.21919/remef.v15i3.515.
The objective of this paper is to quantify the repercussions from gender inequality on domestic savings and macroeconomic vulnerability in the Latin American countries. Econometric equations are estimated expressing the savings rate in terms of the index of gender discrimination and of several labor market variables. Results indicate that gender inequality exerts a negative impact on domestic savings and on economic vulnerability, and weakens institutions. It is recommended that Latin American countries undertake programs designed to reduce gender inequality. The main limitation of this paper is the reduced number of data points in the sample. Its originality resides in that it is the first study that analyzes the role of gender inequality on domestic savings, macroeconomic vulnerability and institutional strength in the lstin American countries. Its main contribution is the evidence that gender inequality reduces domestic savings and increases economic vulnerability. The paper concludes pointing out the importance that the Latin American countries increase their programs designed to reduce gender inequality.
Keywords : national savings; violence; labor market; gender inequality.