Men are more economically optimistic than women

Massey financial research group said that men are more optimistic than women about the economic viewpoint. Based on data on consumer confidence index from 18 countries, they found a difference in opinion between the sexes.

Men are more positive about economic growth, interest rates, inflation and stock market developments. Research results are also true even when considering personal issues including assets and work.

Professor Ben Jacobsen, head of the University of Commerce's commercial department, said: The difference found between the two sexes about the two types of risky and optimistic hate traits - may explain why women in general hold The portfolio is less risky than men.

Professor Jacobsen conducted research with Dr. John Lee from Massey and Dr. Wessel Marquering from Erasmus University, Rotterdam. Professor Jacobsen said, the team was surprised to know that they seemed to be the first to learn about the difference between men and women in the level of optimism in their financial and economic views. hybrid This is also the beginning of a lot of research on other aspects that exist in the gender barrier.

According to data from 17 out of 18 countries, women are less optimistic. Germany is an exception. In the United States, they found that since 1978 there was only one month (March 2000), the women's confidence index is higher than that of men. Gender differences have existed for a long time in both their economic and personal perspectives.

The research team has argued in their paper: ' Are men more optimistic ? ', that this difference may affect the investment portfolio that women set, and make them more miserable when withdrawing.

'What we discovered could explain why women invest in less risky portfolios than men (women invest in the stock market less but favor safer assets). . The two investors may have the same degree of risk aversion, but if a person is more pessimistic about the future of the market or the perception of the risk of the market in the future will be higher than the present, then the distribution Assigning assets of two investors will be different. '

They pointed out that. The differences observed in portfolio distribution between men and women do not need to be too large to cause serious impacts on their future financial prospects.'On the contrary, the 1% difference rate can explain the observed difference in shares in the portfolio; thereby causing a greater impact on investment withdrawal '.

To understand the different beliefs, the team analyzed monthly consumer confidence indexes of Australia, Austria, Belgium, Czech Republic, Denmark, Germany, Finland, France, Greece. Hungary, Ireland, Italy, Netherlands, Portugal, Spain, Sweden, United Kingdom and United States. Research on large samples to ensure results do not focus on a particular country or culture.