Do children's time preferences predict future school outcomes?
Binglan Wu,
Shuaizhang Feng,
Yijing Zhang and
Yujie Han
China Economic Review, 2025, vol. 93, issue C
Abstract:
This paper uses a large longitudinal dataset to study the predictive power of children's time preferences on their future school outcomes, accounting simultaneously for cognitive (IQ) and noncognitive skills (the Big Five). We show that controlling for children's IQ and the Big Five substantially reduces the association between time preferences and later outcomes. Based on Shapley-Owen decomposition results, time preferences only have negligible predictive power over both cognitive and behavioral outcomes. In contrast, conscientiousness contributes the most in predicting behavioral outcomes, while IQ and conscientiousness are the most significant predictors of cognitive outcomes.
Keywords: Time preferences; Big Five; IQ; Child development; Predictive power (search for similar items in EconPapers)
JEL-codes: C91 D91 I20 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:93:y:2025:i:c:s1043951x25001488
DOI: 10.1016/j.chieco.2025.102490
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