Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/71675
Authors: 
Kosse, Fabian
Pfeiffer, Friedhelm
Year of Publication: 
2013
Series/Report no.: 
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 7221
Abstract: 
This study explores the intergenerational transmission of time preferences and focuses on the question which specific aspects of mother's time preference are related to her preschool child's ability to delay gratification. We provide a new procedure for assessing the parameters of a quasi-hyperbolic discount function (Laibson, 1997) using two trade-off experiments. We apply the procedure to a sample of 213 mother-child pairs and show that especially mother's beta parameter is related to her preschool child's ability to delay gratification.
Subjects: 
intergenerational transmission
time preference
quasi-hyperbolic discounting
preschool children
JEL: 
D90
D10
Document Type: 
Working Paper

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