Reflections on Gendered Structural and Normative Constraints
Paper Session
Sunday, Jan. 8, 2023 8:00 AM - 10:00 AM (CST)
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Chairs:
Ariane Agunsoye, Goldsmiths, University of London - Iris Buder, Idaho State University
‘I Had to Take Control’: Gendered Pension Strategies in the UK
Abstract
In the UK, the gender pension gap is striking with women’s pension wealth representing only one fifth of that of a man at retirement age. Two main explanations have been put forward to explain the gender pension gap: a pension system built on a male life-trajectory uninterrupted by caring duties and differential investment preferences with women being arguably less financially inclined than men. Drawing on 61 interviews, our paper moves beyond identifying structural barriers to participation or behavioral deviations from assumptions of economic rationality and conceptualizes practices adopted by women within a gendered understanding of rationality. Rather than being passive victims of the pension system, women have developed three unique strategies to deal with its constraints: coping with high childcare costs and reduced earnings possibilities by increasing pension contributions beforehand, responding to the lack of control in workplace pensions by reducing their time investment, and seeking alternative savings and investment strategies to gain more control over their retirement income. These pension strategies should not be perceived as irrational, but represent logical responses to an unequal welfare system, challenging theoretical assumptions of economic rationality and the universal benefit of financial products and educational campaigns.The Evolution of Marriage, Households, and the South African Labour Market: An Analysis of Household Survey Data, 1995-2020
Abstract
Studies on labour market outcomes and household formation have drawn on unrealistic Euro-North American family norms to explain persistent gender inequalities. Feminist scholars have, however, argued against the characterisation of this presumably cooperative, male-headed household; highlighting the contested nature of interests which co-exist and also the extent to which it has contributed to women’s continued social and economic subordination. In many developing countries, nuclear households are not the norm. Studies on household formation have demonstrated how this has been driven by decreasing marriage and increasing divorce rates, high unemployment rates, the growing incidence of the working poor and the remnants of the migrant labour system, which has had consequences for marriage and household formation in the southern African region. These labour market and demographic changes have undermined the male breadwinner model and introduced complexity into discussions related to traditional gendered norms and economic constraints within households. Using South Africa’s General and October Household survey data (1995-2020), the purpose of this study is to investigate how marital trends have changed over the post-apartheid period; how household composition has altered; and how marital status and household composition have been associated with labour market outcomes. The study will draw conclusions about how socio-cultural factors accompany economic changes within the South African economy and further demonstrate why the continued exclusion of working-age individuals from non-contributory social security benefits is unsustainable, regressive to the positive outcomes of South Africa’s current social security framework, and detrimental to women who are disproportionately burdened by unpaid care work.JEL Classifications
- J1 - Demographic Economics
- D6 - Welfare Economics