My parents taught me. Evidence on the family transmission of values

Giuseppe Albanese, Guido de Blasio and Paolo Sestito

No 955, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The paper uses questions included in the 2010 wave of the Bank of Italy�s Survey on Household Income and Wealth to investigate the role of family transmission of values. It presents three main empirical findings. First, the paper shows that a number of attitudes (generalized and personalized trusting behaviour, risk and time preferences) and outcomes (female labour force participation, fertility, entrepreneurship, productivity) are associated with the values received. Second, it documents that values received from parents are correlated with the values transmitted to descendants. Third, by using respondent moving patterns the paper highlights that there is little evidence that the values received are affected by the local environment before they are passed on further. This evidence is consistent with the idea that family transmission is a channel for historical persistence.

Keywords: family; cultural transmission; values (search for similar items in EconPapers)
JEL-codes: C83 D10 Z1 (search for similar items in EconPapers)
Date: 2014-03
New Economics Papers: this item is included in nep-eur, nep-evo, nep-gro, nep-his and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Journal Article: My parents taught Me. Evidence on the family transmission of values (2016)
Journal Article: My parents taught Me. Evidence on the family transmission of values (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:wptemi:td_955_14

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