TY  - RPRT
        AU  - Cobb-Clark, Deborah A.
AU  - Dahmann, Sarah C.
AU  - Kamhöfer, Daniel A.
AU  - Schildberg-Hörisch, Hannah
        TI  - Self-Control: Determinants, Life Outcomes and Intergenerational Implications
        PY  - 2019/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12488
        UR  - https://www.iza.org/index.php/publications/dp12488
        AB  - This paper studies self-control in a nationally representative sample. Using the well-established 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.
        KW  - personality traits
KW  - Tangney scale
KW  - self-control
KW  - intergenerational transmission
        ER  -