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Who really holds the purse strings? Why it matters which partner decides where the money goes

By Ran Gu, Lecturer in Economics, University of Essex
In an era of increasing financial complexity, who really calls the shots when it comes to investing your household’s savings? This question has significant implications for financial health and overall wellbeing.

As economists, we specifically wanted to understand how “bargaining power” is distributed between men and women in a mixed-sex household when it comes to finances. This bargaining power refers to the ability of one partner to influence decisions that affect the household – the partner with more bargaining power has a greater say.

To investigate this, my


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