Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54971
Authors: 
Kosse, Fabian
Pfeiffer, Friedhelm
Year of Publication: 
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

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