Arbeitspapier

The Effect of Language on Economic Behavior: Experimental Evidence from Children's Intertemporal Choices

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According to Chen’s (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement Chen’s approach with experimentally elicited time preference data from a bilingual city in Northern Italy. We find that German-speaking primary school children are about 46% more likely than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when controlling for risk attitudes, IQ, family background, or when considering other languages.

Language: Englisch

Bibliographic citation: Series: CESifo Working Paper ; No. 5532

Classification: Wirtschaft
Design of Experiments: Laboratory, Individual
Micro-Based Behavioral Economics: General‡

Subject: intertemporal choice
language
children
experiment

Event: Geistige Schöpfung

(who): Sutter, Matthias
Angerer, Silvia
Rützler, Daniela
Lergetporer, Philipp

Event: Veröffentlichung

(who): Center for Economic Studies and ifo Institute (CESifo)

(where): Munich

(when): 2015

Handle: http://hdl.handle.net/10419/123186

Last update: 10.03.2025, 11:43 AM CET

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Object type

Arbeitspapier

Associated

Sutter, Matthias
Angerer, Silvia
Rützler, Daniela
Lergetporer, Philipp
Center for Economic Studies and ifo Institute (CESifo)

Time of origin

2015

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