Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/219989
Authors: 
Breitkopf, Laura
Chowdhury, Shyamal K.
Priyam, Shambhavi
Schildberg-Hörisch, Hannah
Sutter, Matthias
Year of Publication: 
2020
Series/Report no.: 
DICE Discussion Paper 342
Abstract: 
Economic theory and empirical evidence establish that economic preferences predict behavior and life outcomes for children, adolescents, and adults. In this paper, we use novel data on 4,282 siblings aged 6 to 16 that combine incentivized measures of time, risk, and social preferences with comprehensive information on child behavior and family environment. Using standard cross-sectional specifications, our results confirm the predictive power of children's preferences for behavior. However, when estimating household fixed effects models that allow controlling forall characteristics that are shared by siblings, this predictive power largely vanishes. We discuss implications for research on children's preferences and behavior.
Subjects: 
time preferences
risk preferences
social preferences
experiments with children
origins of preferences
human capital
behavior
household fixed effects
siblings
JEL: 
C91
D01
J13
ISBN: 
978-3-86304-341-4
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.