Intergenerational Transmission of Time Preferences: An Evidence from Rural Thailand
Varunee Khruapradit and
No 178, PIER Discussion Papers from Puey Ungphakorn Institute for Economic Research
This study investigates the association between child and caregiver time preferences in rural Thailand. We find that caregiver discount factor is positively correlated to a childâ€™s ability to delay gratification, indicating that patient children are more likely to have patient caregivers. This correlation exists regardless of whether the caregiver is a biological parent or not. However, some evidence suggests genetic contribution in intergenerational transmission of time preferences: this correlation is stronger when both biological parents live at home than when none is present, and motherâ€™s time preferences is stronger correlated with child time preferences than grandmotherâ€™s.
Keywords: Time preferences; Field experiment; Intergenerational transmission; Skill formation; Genetics (search for similar items in EconPapers)
JEL-codes: C93 D64 J24 O15 (search for similar items in EconPapers)
Pages: 38 pages
New Economics Papers: this item is included in nep-exp, nep-lma and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pui:dpaper:178
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