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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Parenting values and the intergenerational transmission of time preferences |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | European Economic Review |
| Publisher | Elsevier |
| Geographical Reach | international |
| ISSN | 0014-2921 |
| Volume | 148 |
| Page Range | 104208 |
| Date | 2022 |
| Abstract Text | We study how parents transmit patience to their children with a focus on two theoretically important channels of socialization: parenting values and parental involvement. Using high-quality administrative and survey data, and a setting without reverse causality concerns, we document a substantial intergenerational transmission of patience. We show that parenting values represent a key channel of the transmission. Authoritative parents (high in control and warmth) do not transmit patience to their children, in contrast to authoritarian and permissive parents. Thus, the authoritative parenting style seems to counteract the transmission of impatience. While parental involvement does not appear to be a relevant channel at the aggregate level, we document important heterogeneity by parent gender. |
| Digital Object Identifier | 10.1016/j.euroecorev.2022.104208 |
| Other Identification Number | merlin-id:23269 |
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| Keywords | Economics and econometrics, finance, intergenerational transmission, time preferences, patience, parenting style, parenting values, parental involvement |