Parental socialisation effort and the intergenerational transmission of risk preferences

Arbeitspapier

We study the transmission of risk attititudes in a unique survey of mothers and children in which both participated in an incentivised risk preference elicitation task. We document that risk preferences are correlated between mothers and children when the children are just 7 to 8 years old. This correlation is only present for daughters. We show that a measure of parental involvement is a strong moderator of the association between mothers' and daughers' risk tolerance. These findings support a role for socialisation in the intergenerational transmission of preferences that predict economic behaviour.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Working Papers ; No. W13/12

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Field Experiments ; Economics of Gender; Non-labor Discrimination
• Thema: risk preferences ; intergenerational transmission ; children's economic decisions ; field experiements ; Kinder ; Risikopräferenz ; Generationengerechtigkeit ; Sozialisation ; Eltern ; Test

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Alan, Sule ; Baydar, Nazli ; Boneva, Teodora ; Crossley, Thomas F. ; Ertac, Seda
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 2013

Weitere Informationen

• DOI: doi:10.1920/wp.ifs.2013.1312
• Handle: http://hdl.handle.net/10419/91573
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ