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Type | Working Paper |
Scope | Discipline-based scholarship |
Title | Parenting values moderate the intergenerational transmission of time preferences |
Organization Unit | |
Authors |
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Language |
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Institution | University of Zurich |
Series Name | Working paper series / Department of Economics |
Number | 333 |
ISSN | 1664-705X |
Number of Pages | 47 |
Date | 2019 |
Abstract Text | We study the intergenerational transmission of time preferences in a setting without reverse causality concerns. We find substantial transmission of patience from parents to children, which is insensitive to the inclusion of comprehensive sets of administratively reported controls and persists as children age. We further explore heterogeneity in the transmission with respect to two theoretically important but distinct dimensions of socialization through which parents can influence children’s traits: parenting values and parental involvement. Our results show that, in contrast to authoritative parents, authoritarian and permissive parents transmit patience to their offspring. Meanwhile, parental involvement is not an important moderator. These patterns replicate in an independent sample with richer measures of parental involvement. |
Other Identification Number | merlin-id:18677 |
PDF File | Download from ZORA |
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Keywords | Intergenerational transmission, time preferences, patience, parenting style, parenting values, parental involvement, Generationsbeziehung, Erziehungsstil, Geduld, Zeitpräferenz |