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Parenting values moderate the intergenerational transmission of time preferences


Brenøe, Anne Ardila; Epper, Thomas (2019). Parenting values moderate the intergenerational transmission of time preferences. Working paper series / Department of Economics 333, University of Zurich.

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.

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.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
Dewey Decimal Classification:330 Economics
JEL Classification:D15, J12, J24, J62
Uncontrolled Keywords:Intergenerational transmission, time preferences, patience, parenting style, parenting values, parental involvement, Generationsbeziehung, Erziehungsstil, Geduld, Zeitpräferenz
Language:English
Date:October 2019
Deposited On:22 Oct 2019 11:49
Last Modified:21 Aug 2020 08:30
Series Name:Working paper series / Department of Economics
Number of Pages:47
ISSN:1664-705X
OA Status:Green
Official URL:https://www.econ.uzh.ch/static/release/workingpapers.php?id=1012

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