TY - RPRT AU - Brenøe, Anne Ardila AU - Epper, Thomas TI - Parenting Values Moderate the Intergenerational Transmission of Time Preferences PY - 2019/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 12710 UR - https://www.iza.org/publications/dp12710 AB - We study the intergenerational transmission of time preferences in a setting without reverse causality concerns. We find substantial transmission of patience from parents to children, which is insensitive to the inclusion of comprehensive sets of administratively reported controls and persists as children age. We further explore heterogeneity in the transmission with respect to two theoretically important but distinct dimensions of socialization through which parents can influence children's traits: parenting values and parental involvement. Our results show that, in contrast to authoritative parents, authoritarian and permissive parents transmit patience to their offspring. Meanwhile, parental involvement is not an important moderator. These patterns replicate in an independent sample with richer measures of parental involvement. KW - parenting values KW - parenting style KW - patience KW - time preferences KW - intergenerational transmission KW - parental involvement ER -