Rethinking economic socialization

The Intersection of Culture, Gender and Economic Life in a Religious Enclave

Bibliographic Data

ID4786010
AuthorsA S Hayes (0000-0001-5481-8906, Department of Sociology and Anthropology, The Hebrew University of Jerusalem , Jerusalem 91905), Yehudit Miletzky (Department of Sociology and Anthropology, The Hebrew University of Jerusalem , Jerusalem 91905)
Year2024
Volume23
Issue3
Pages1383-1412
Publication date2024-10-16
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSocio-Economic Review (JOURNAL)
Journal identifiersISSN: 1475-1461 • E-ISSN: 1475-147X
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/ser/mwae063
OpenAlexW4403445394
LanguageEN
Citations received4
References cited71

This article explores how economic socialization serves as a bridge between individual economic behaviors and the broader social and cultural contexts that shape them. Drawing on a post-functionalist approach to socialization, the study examines the ultra-Orthodox Jewish (Haredi) community in Israel, where distinct gender roles, cultural norms and patterns of economic participation create a unique context for investigating divergent economic socialization pathways. Comparing four groups within the Haredi community-average/below-average and high-income women, men with work experience, and men who study at religious seminaries (Yeshiva/Kollel)-analysis of an original survey study reveals how differential exposure to economic life leads to significant variations in financial risk-taking, loss-aversion, financial literacy and competitiveness. The findings problematize explanations attributing economic gender gaps to innate differences, instead highlighting the profound impact of the cultural framing of gender roles vis-à-vis economic integration. By foregrounding economic socialization as a sociological phenomenon, the study contributes to discourses on culture's role in economic behavior and opens new avenues for examining how individuals acquire economic dispositions through socialization pathways shaped by structural constraints and power relations

Geography · Intersection (aeronautics) · Political science · Social science · Socialization · Sociology · Financial Literacy, Pension, Retirement Analysis · Gender Studies · Gender, Labor, and Family Dynamics · Taxation and Compliance Studies

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