Parenting values and the intergenerational transmission of time preferences

Anne Brenøe and Thomas Epper

European Economic Review, 2022, vol. 148, issue C

Abstract: We study how parents transmit patience to their children with a focus on two theoretically important channels of socialization: parenting values and parental involvement. Using high-quality administrative and survey data, and a setting without reverse causality concerns, we document a substantial intergenerational transmission of patience. We show that parenting values represent a key channel of the transmission. Authoritative parents (high in control and warmth) do not transmit patience to their children, in contrast to authoritarian and permissive parents. Thus, the authoritative parenting style seems to counteract the transmission of impatience. While parental involvement does not appear to be a relevant channel at the aggregate level, we document important heterogeneity by parent gender.

Keywords: Intergenerational transmission; Time preferences; Patience; Parenting style; Parenting values; Parental involvement (search for similar items in EconPapers)
JEL-codes: D15 J12 J24 J62 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Working Paper: Parenting Values and the Intergenerational Transmission of Time Preferences (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:148:y:2022:i:c:s0014292122001192

DOI: 10.1016/j.euroecorev.2022.104208

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