Parenting Values and the Intergenerational Transmission of Time Preferences

Anne Brenøe and Thomas Epper ()
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Thomas Epper: LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique, IÉSEG School Of Management [Puteaux], CEBI - Center for Economic Behavior and Inequality - UCPH - University of Copenhagen = Københavns Universitet

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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)
Date: 2022
New Economics Papers: this item is included in nep-eur
Note: View the original document on HAL open archive server: https://cnrs.hal.science/hal-03473435v2
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Citations: View citations in EconPapers (9)

Published in European Economic Review, 2022, 148, pp.104208. ⟨10.1016/j.euroecorev.2022.104208⟩

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Journal Article: Parenting values and the intergenerational transmission of time preferences (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03473435

DOI: 10.1016/j.euroecorev.2022.104208

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