%0 Report
        %A Kosse, Fabian
%A Pfeiffer, Friedhelm
        %T Impatience among Preschool Children and their Mothers
        %D 2011
        %8 2011 Dec
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 6247
        %U https://www.iza.org/publications/dp6247
        %X Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child's impatience stems from a delay of gratification experiment. Mother's impatience has been assessed by a choice task where the mothers faced trade-offs between a smaller-sooner and a larger-later monetary reward with a delay of six or twelve months. The findings demonstrate an intergenerational relationship in short-run decision making. Controlling for mother's and child's characteristics the child's impatience at preschool age is significantly correlated with the six month maternal reservation interest rate.
        %K intergenerational transmission
%K impatience
%K time preferences
%K field experiments