Arbeitspapier

Parenting with style: Altruism and paternalism in intergenerational preference transmission

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.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 104

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
Generationengerechtigkeit
Altruismus
Eltern
Pädagogik
Risikoaversion
Theorie

Ereignis
Geistige Schöpfung
(wer)
Doepke, Matthias
Zilibotti, Fabrizio
Ereignis
Veröffentlichung
(wer)
University of Zurich, Department of Economics
(wo)
Zurich
(wann)
2012

DOI
doi:10.5167/uzh-70151
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Doepke, Matthias
  • Zilibotti, Fabrizio
  • University of Zurich, Department of Economics

Entstanden

  • 2012

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