TY  - RPRT
        AU  - Kosse, Fabian
AU  - Pfeiffer, Friedhelm
        TI  - Impatience among Preschool Children and their Mothers
        PY  - 2011/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6247
        UR  - https://www.iza.org/publications/dp6247
        AB  - 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.
        KW  - intergenerational transmission
KW  - impatience
KW  - time preferences
KW  - field experiments
        ER  -