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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Parenting values moderate the intergenerational transmission of time preferences
Organization Unit
Authors
  • Anne Ardila Brenøe
  • Thomas Epper
Language
  • English
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
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Keywords Intergenerational transmission, time preferences, patience, parenting style, parenting values, parental involvement, Generationsbeziehung, Erziehungsstil, Geduld, Zeitpräferenz