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Vertical Transmission of Consumption Behavior and the Distribution of Surnames

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  • Collado, M. Dolores
  • Ortuño Ortin, Ignacio
  • Romeu, Andrés

    (Departamentos y Servicios::Departamentos de la UMU::Fundamentos del Análisis Económico)

Abstract

This paper attempts to detect the existence of links in consumption patterns between generations. Preferences for consumption goods may be determined by the preferences of parents and/or by preferences arising from the environment. We propose an indirect methodology to overcome the lack of data on consumption choices of dynasties, i.e., parents and their adult offspring. This new approach is based on the analysis of the correlation between the geographical distributions of surnames and consumption choices. Our results show that there is a significant intergenerational link on consumption patterns for food items but not for the rest of consumption goods.

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Bibliographic Info

Paper provided by DIGITUM. Universidad de Murcia in its series UMUFAE Economics Working Papers with number 2651.

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Length: 30
Date of creation: Oct 2008
Date of revision:
Handle: RePEc:mur:wpaper:2651

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Keywords: Preference Formation; Consumption Patterns; Intergenerational Links;

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References

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  1. Bisin, A. & Verdier, T., 1997. "The Economics of Cultural Transmission and the Dynamics of Preferences," DELTA Working Papers 97-03, DELTA (Ecole normale supérieure).
  2. Kerwin Kofi Charles & Erik Hurst, 2003. "The Correlation of Wealth across Generations," Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1155-1182, December.
  3. Roland G. Fryer & Steven D. Levitt, 2004. "The Causes and Consequences of Distinctively Black Names," The Quarterly Journal of Economics, MIT Press, vol. 119(3), pages 767-805, August.
  4. Liran Einav & Leeat Yariv, 2004. "What's in a Surname? The Effect of Surname Initials on Academic Success," UCLA Economics Working Papers 835, UCLA Department of Economics.
  5. Donald Cox & Serena Ng & Andreas Waldkirch, 2000. "Intergenerational Linkages in Consumption Behavior," Boston College Working Papers in Economics 482, Boston College Department of Economics.
  6. Casey B. Mulligan, 1999. "Galton versus the Human Capital Approach to Inheritance," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages S184-S224, December.
  7. M. Dolores Collado & Martín Browning, 1999. "-The Response Of Expenditures To Anticipated Income Changes: Panel Data Estimates," Working Papers. Serie AD 1999-19, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  8. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
  9. George J. Borjas, 1994. "Long-run convergence of ethnic skill differentials: The children and grandchildren of the Great Migration," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 47(4), pages 553-573, July.
  10. Pollak, Robert A, 1970. "Habit Formation and Dynamic Demand Functions," Journal of Political Economy, University of Chicago Press, vol. 78(4), pages 745-63, Part I Ju.
  11. George J. Borjas, 1994. "Long-Run Convergence of Ethnic Skill Differentials," NBER Working Papers 4641, National Bureau of Economic Research, Inc.
  12. Becker, Gary S & Mulligan, Casey B, 1997. "The Endogenous Determination of Time Preference," The Quarterly Journal of Economics, MIT Press, vol. 112(3), pages 729-58, August.
  13. Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June.
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Cited by:
  1. Desmet, Klaus & Le Breton, Michel & Ortuno-Ortin, Ignacio, 2006. "Nation Formation and Genetic Diversity," IDEI Working Papers 133, Institut d'Économie Industrielle (IDEI), Toulouse.
  2. Guell, Maia & Mora, Jose V. Rodriguez & Telmer, Christopher I., 2013. "Intergenerational Mobility and the Informative Content of Surnames," SIRE Discussion Papers 2013-75, Scottish Institute for Research in Economics (SIRE).
  3. Klaus Desmet & Michel Breton & Ignacio Ortuño-Ortín & Shlomo Weber, 2011. "The stability and breakup of nations: a quantitative analysis," Journal of Economic Growth, Springer, vol. 16(3), pages 183-213, September.
  4. Alberto Bisin & Thierry Verdier, 2010. "The Economics of Cultural Transmission and Socialization," NBER Working Papers 16512, National Bureau of Economic Research, Inc.

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