Intergenerational transmission of time preferences and saving attitude: the role of information sharing

Flavia Coda Moscarola, Daniela Boca () and Giovanna Paladino
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Flavia Coda Moscarola: University of Eastern Piedmont and Collegio Carlo Alberto
Daniela Boca: University of Turin and Collegio Carlo Alberto
Giovanna Paladino: IntesaSanpaolo

Review of Economics of the Household, 2025, vol. 23, issue 3, No 6, 1003-1045

Abstract: Abstract This paper investigates the intergenerational transmission of preferences between parents and their children, examining the transmission of patience and saving attitude. We explore the role of a specific parental behavior, 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 empirical analysis reveals a significant and positive correspondence between parents’ and children’s preferences. The results indicate that sharing information strengthens the intergenerational transmission of patience between parents and children, particularly among children under 18, households with a socioeconomic status (SES) above the median, and daughters. Conversely, parents’ sharing information does not impact significantly on the transmission of the saving attitude.

Keywords: Intergenerational transmission; Patience; Saving attitude; Parental behaviors; D14; I21; J24 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s11150-024-09746-1

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