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| Title: | | Impatience among preschool children and their mothers  |
| Authors: | | Kosse, Fabian Pfeiffer, Friedhelm |
| Issue Date: | | 2012 |
| Series/Report no.: | | ZEW Discussion Papers 12-001 |
| Abstract: | | Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child's impatience stems from a delay of gratification experiment. Mother's impatience has been assessed by a choice task where the mothers faced trade-offs between a smaller-sooner and a larger-later monetary reward with a delay of six or twelve months. The findings demonstrate an intergenerational relationship in short-run decision making. Controlling for mother's and child's characteristics the child's impatience at preschool age is significantly correlated with the six month maternal reservation interest rate. |
| Subjects: | | time preferences impatience : intergenerational transmission field experiments |
| JEL: | | C93 D03 D90 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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