This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Sibling and birth-order effects on time-preferences and real-life decisions

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Lampi, Elina () (Department of Economics, School of Business, Economics and Law, Göteborg University)
Nordblom, Katarina () (Department of Economics, School of Business, Economics and Law, Göteborg University)

Additional information is available for the following registered author(s):

Abstract

Survey data is used to investigate whether siblings and birth order can explain differences in stated time preferences and in some real-life decisions of intertemporal nature, namely whether one obtains a university education, whether one moves in with a partner at an early age, and when one has children. We also study earnings. Middleborns are found to be the least patient in terms of stated time preferences. First-borns, on the other hand, are more patient in real-life decisions than later-borns: they are more likely to obtain a university education and have higher earnings. Interestingly, those who have siblings but did not grow up with them are the least patient in family related real-life decisions. We also find that the more siblings one grew up with, the more impatient one is in the studied real-life decisions. Moreover, stated time preferences are correlated with the studied real-life decisions: people with high discount rates make more impatient choices and have lower earnings than others.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/2077/21203
File Format: text/html
File Function:
Download Restriction: no

Publisher Info
Paper provided by Göteborg University, Department of Economics in its series Working Papers in Economics with number 388.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 27 pages
Date of creation: 05 Oct 2009
Date of revision:
Handle: RePEc:hhs:gunwpe:0388

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Jens Anmark).

Related research
Keywords: time preferences; education; earnings; birth order; siblings;

Find related papers by JEL classification:
D99 - Microeconomics - - Intertemporal Choice and Growth - - - Other
I20 - Health, Education, and Welfare - - Education - - - General
J10 - Labor and Demographic Economics - - Demographic Economics - - - General

This paper has been announced in the following NEP Reports:

Statistics
Access and download statistics

Did you know? A tutorial is available.

This page was last updated on 2009-12-4.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.