Zeitpräferenz , Generationenbeziehungen , Mütter , Kinder
Freie Schlagwörter (Englisch):
Intergenerational transmission , time preference , quasi-hyperbolic discounting , preschool children
Abstract:
This study explores the intergenerational transmission of time preferences and
focuses on the question which specific aspects of mother’s time preference are
related to her preschool child’s ability to delay gratification. We provide a new
procedure for assessing the parameters of a “quasi-hyperbolic” discount function
(Laibson, 1997) using two trade-off experiments. We apply the procedure to a
sample of 213 mother-child pairs and show that especially mother’s beta
parameter is related to her preschool child’s ability to delay gratification.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.