Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/204828
Authors: 
Brenøe, Anne Ardila
Epper, Thomas
Year of Publication: 
2019
Series/Report no.: 
Working Paper 333
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. 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.
Subjects: 
intergenerational transmission
time preferences
patience
parenting style
parenting values
parental involvement
JEL: 
D15
J12
J24
J62
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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