Parental risk attitudes and children's secondary school track choice

Arbeitspapier

It is well known that individual's risk attitudes are related to behavioral outcomes such as smoking, portfolio decisions, and also educational attainment, but there is barely any evidence on whether parental attitudes affect the educational attainment of dependent children. We add to this literature and examine whether parent's risk attitudes relate to children's secondary school track choice in Germany where tracking occurs at age ten and has a strong binding character. Our results indicate mainly no effects of paternal risk preferences but a strong negative impact of maternal risk aversion on children's enrollment in upper secondary school.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IAB-Discussion Paper ; No. 19/2010

Classification and Topics

• Classification: Wirtschaft ; Analysis of Education ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Subject: educational choice ; risk attitudes ; SOEP ; Eltern ; Risikopräferenz ; Kinder ; Bildungsverhalten ; Weiterführende Schule ; Schätzung ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Heineck, Guido ; Wölfel, Oliver
• Event: Veröffentlichung
• (who): Institut für Arbeitsmarkt- und Berufsforschung (IAB)
• (where): Nürnberg
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/57434
• Last update: 10.03.2025, 11:44 AM CET