Parenting Values Moderate the Intergenerational Transmission of Time Preferences

Friday 18 October 2019, 1.00PM to 14.00 pm

Speaker(s): Anne Ardila Brenøe, University of Zurich

Abstract: 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. The results show that authoritarian and permissive parents transmit patience to their offspring, while parental involvement is not an important moderator. These patterns replicate in an independent sample with richer measures of parental involvement.

Location: A/D271 ERC Seminar Room

Admission: All welcome