TY  - RPRT
        AU  - Sutter, Matthias
AU  - Angerer, Silvia
AU  - Glätzle-Rützler, Daniela
AU  - Lergetporer, Philipp
        TI  - The Effect of Language on Economic Behavior: Experimental Evidence from Children's Intertemporal Choices
        PY  - 2015/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9383
        UR  - https://www.iza.org/index.php/publications/dp9383
        AB  - According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement Chen's approach with experimentally elicited time preference data from a bilingual city in Northern Italy. We find that German-speaking primary school children are about 46% more likely than Italian-speaking children to delay gratification in an intertemporal choice experiment. The difference remains significant in several robustness checks and when controlling for a broad range of factors, including risk attitudes, IQ or family background.
        KW  - experiment
KW  - language
KW  - intertemporal choice
KW  - children
        ER  -