Intergenerational Transmission of Preferences and Parental Behaviours

Flavia Coda Moscarola, Daniela Del Boca and Giovanna Paladino

No 10902, CESifo Working Paper Series from CESifo

Abstract: This paper investigates the intergenerational transmission of preferences between parents and their children, examining the transmission of patience, propensity to save, and conscientiousness. We explore the role of specific parental behaviours, such as sharing financial information, in this transmission process. Using data from a representative survey of Italian households (parents with children 14-20 years of age) our analysis reveals a significant and positive correspondence between parents’ and children’s preferences. The results indicate that sharing information strengthens the transmission of patience between parents and children, particularly among children under 18, households with a socioeconomic status (SES) above the median, and daughters. Conversely, sharing information does not impact significantly the transmission of the propensity to save or conscientiousness.

Keywords: intergenerational transmission; patience; propensity to save; conscientiousness; parental behaviours (search for similar items in EconPapers)
JEL-codes: D14 I21 J24 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-hea and nep-ltv
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