EconPapers    
Economics at your fingertips  
 

Self-control: Determinants, life outcomes and intergenerational implications

Deborah Cobb-Clark (), Sarah C. Dahmann, Daniel A. Kamhöfer and Hannah Schildberg-Hörisch
Authors registered in the RePEc Author Service: Hannah Schildberg-Hoerisch ()

No 319, DICE Discussion Papers from University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)

Abstract: This paper studies self-control in a nationally representative sample. Using the wellestablished Tangney scale to measure trait self-control, we find that people's age as well as the political and economic institutions they are exposed to have an economically meaningful impact on their level of self-control. A higher degree of self-control is, in turn, associated with better health, educational and labor market outcomes as well as greater financial and overall well-being. Parents' self-control is linked to reduced behavioral problems among their children. Importantly, we demonstrate that self-control is a key behavioral economic construct which adds significant explanatory power beyond other more commonly studied personality traits and economic preference parameters. Our results suggest that self-control is potentially a good target for intervention policies.

Keywords: self-control; Tangney scale; personality traits; intergenerational transmission (search for similar items in EconPapers)
JEL-codes: D91 J24 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-evo, nep-hea, nep-lma and nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/200630/1/1669588041.pdf (application/pdf)

Related works:
Working Paper: Self-Control: Determinants, Life Outcomes and Intergenerational Implications (2019) Downloads
Working Paper: Self-Control: Determinants, Life Outcomes and Intergenerational Implications (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:dicedp:319

Access Statistics for this paper

More papers in DICE Discussion Papers from University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2020-10-14
Handle: RePEc:zbw:dicedp:319