Arbeitspapier
Quasi-hyperbolic time preferences and their intergenerational transmission
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.
- Sprache
-
Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 7221
- Klassifikation
-
Wirtschaft
Micro-Based Behavioral Economics: General‡
Household Behavior: General
- Thema
-
intergenerational transmission
time preference
quasi-hyperbolic discounting
preschool children
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kosse, Fabian
Pfeiffer, Friedhelm
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kosse, Fabian
- Pfeiffer, Friedhelm
- Institute for the Study of Labor (IZA)
Entstanden
- 2013