The Intergenerational Transmission of Risk and Trust Attitudes

The Intergenerational Transmission of Risk and Trust Attitudes
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DOI:
10.1093/restud/rdr027
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发表时间:
2012-04-01
影响因子:
5.8
通讯作者:
Sunde, Uwe
Sunde, Uwe
中科院分区:
经济学1区
文献类型:
--
作者:
Dohmen, Thomas;Falk, Armin;Sunde, Uwe

文献摘要

被引文献

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最近的理论将个人的态度天赋内生化,假设它们是由父母和其他榜样的态度塑造的。本文实证检验了这一理论文献中强调的态度传递过程的三个方面的相关性:(1)从父母到子女的态度传递;(2)当地环境中普遍存在的态度对子女态度的影响;(3)父母的积极主动交配,这增强了父母将其态度传递给子女的能力。我们专注于两个基本的重要态度,愿意承担风险和愿意信任他人。我们发现所有三个方面的实证支持,为文献提供了实证基础。对潜在机制的研究表明,社会化在传播过程中是重要的。父母的各种特点和家庭结构的各个方面被发现,以加强社会化过程中,与影响建模的社会化生产函数和政策的重点是影响儿童的非认知技能。该文件还提供了证据表明,风险和信任的态度的传输影响了各种各样的儿童的结果,这意味着对儿童的经济状况的潜在的巨大的总影响。
Recent theories endogenize the attitude endowments of individuals, assuming that they are shaped by the attitudes of parents and other role models. This paper tests empirically for the relevance of three aspects of the attitude transmission process highlighted in this theoretical literature: (1) transmission of attitudes from parents to children; (2) an impact of prevailing attitudes in the local environment on child attitudes; and (3) positive assortative mating of parents, which enhances the ability of a parent to pass on his or her attitudes to the child. We focus on two fundamentally important attitudes, willingness to take risks and willingness to trust others. We find empirical support for all three aspects, providing an empirical underpinning for the literature. An investigation of underlying mechanisms shows that socialization is important in the transmission process. Various parental characteristics and aspects of family structure are found to strengthen the socialization process, with implications for modeling the socialization production function and for policies focused on affecting children's non-cognitive skills. The paper also provides evidence that the transmission of risk and trust attitudes affects a wide variety of child outcomes, implying a potentially large total effect on children's economic situation.