Parenting with style: Altruism and paternalism in intergenerational preference transmission

Arbeitspapier

We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences or by imposing direct restrictions on their choice sets. Different parenting styles (authoritarian, authoritative, and permissive) emerge as equilibrium outcomes, and are affected both by parental preferences and by the socioeconomic environment. We consider two applications: patience and risk aversion. We argue that parenting styles may be important for explaining why different groups or societies develop different attitudes towards human capital formation, entrepreneurship, and innovation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 7108

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Household Behavior: General ; Demographic Economics: General ; Economic Development: General ; Economic Growth and Aggregate Productivity: General
• Thema: intergenerational preference transmission ; altruism ; paternalism ; entrepreneurship ; innovation ; Präferenztheorie ; Generationenbeziehungen ; Altruismus ; Eltern ; Pädagogik ; Risikoaversion ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Doepke, Matthias ; Zilibotti, Fabrizio
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/69411
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ