Women voting recuces budget deficits

 

NOVEMBER 28, 2011 Monday .  When Women Began Voting, Budget Deficits Shrank Research Finding :  Enfranchisement of women in Switzerland led to reductions in local BUDGET DEFICITS  of between 139 and 148 Swiss francs per capita, say Signe Krogstrup and Sebastien Walti of the Swiss National Bank. Women's gradual enfranchisement in the country's 26 cantons from 1959 through  to year 2000 enabled the researchers to examine the effect on local government spending. Possible reason ?  They speculate that the reasons for the declining deficits have to do with women's altruism, patience, and prudence toward risk or lower risk appetite.