Impatience among Preschool Children and their Mothers
Fabian Kosse and
Friedhelm Pfeiffer
No 6247, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child's impatience stems from a delay of gratification experiment. Mother's impatience has been assessed by a choice task where the mothers faced trade-offs between a smaller-sooner and a larger-later monetary reward with a delay of six or twelve months. The findings demonstrate an intergenerational relationship in short-run decision making. Controlling for mother's and child's characteristics the child's impatience at preschool age is significantly correlated with the six month maternal reservation interest rate.
Keywords: intergenerational transmission; impatience; time preferences; field experiments (search for similar items in EconPapers)
JEL-codes: C93 D03 D90 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2011-12
New Economics Papers: this item is included in nep-cbe, nep-dem, nep-exp and nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Published - published in: Economics Letters, 2012, 115 (3), 493-495
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Related works:
Journal Article: Impatience among preschool children and their mothers (2012) 
Working Paper: Impatience among Preschool Children and Their Mothers (2012) 
Working Paper: Impatience among preschool children and their mothers (2012)
Working Paper: Impatience among preschool children and their mothers (2012) 
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