Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/197658
Authors: 
Sepahvand, Mohammad H.
Shahbazian, Roujman
Year of Publication: 
2018
Series/Report no.: 
Working Paper 2018:6
Abstract: 
This study uses sibling correlation to investigate the importance of parental and household characteristics on three different risk domains collected in a nationally representative survey from Burkina Faso. Sibling correlations are between 0.51 and 0.83. The correlations are higher in the general risk domain compared to risk taking in financial matters and traffic. Moreover, the sibling correlation is higher for the younger generation of siblings than the older generation, and for sisters than brothers. We also explore which factors drive these correlations; parents' risk attitudes help explain these correlations, whereas socioeconomic outcomes, family structure, parental health and residential zone have only a limited contribution. We also find that gender is important in explaining the variation in sibling correlations. Mother's have a stronger contribution on daughter's correlation than fathers, whereas fathers help to explain the son's correlation to a larger extent.
Subjects: 
risk attitudes
family background
sibling correlations
Burkina Faso
JEL: 
D1
D81
J6
Z1
Persistent Identifier of the first edition: 
Document Type: 
Working Paper
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