The Size and Structure of the Gender Gap in Economic Evaluations

Abstract

Gender gaps in partisanship, vote choice, and opinion are well documented in the American electorate. In 2016, men’s and women’s subjective economic evaluations—of their own circumstances and the broader economy—also diverged considerably. We investigate the size, structure, and explanations of this gap. Drawing on cross-sectional and panel data, we show that the gap widened to historic levels following Trump’s election, driven by increased optimism among white men and decline among women of color. Though partisan and objective economic differences across race-gendered groups contribute, they do not fully explain the widening divide. We hypothesize that Trump’s election altered Americans’ understanding of the socioeconomic hierarchy, producing new divides in subjective status perceptions. Gendered and racialized divides in subjective perceptions combined with partisanship and economic circumstances to re-open the gender gap in economic attitudes.