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Intergenerational transmission of time preferences: Evidence from rural Thailand

Author

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  • Boonmanunt, Suparee W.
  • Jantorn, Wasinee
  • Khruapradit, Varunee
  • Kilenthong, Weerachart T.

Abstract

This study investigates factors associated with child time preferences using a longitudinal dataset from rural Thailand with rich background information on child, caregiver, parent, and household characteristics. We find that the caregiver discount factor positively correlates with a child’s ability to delay gratification, regardless of whether the caregiver is a parent. This correlation is stronger when both parents live at home than when neither of them is present, and when the main caregivers are older. In addition, children’s age, literacy ability, and being a firstborn child (versus later-born) are significantly associated with children’s time preferences, while other variables, e.g., screen time, are not.

Suggested Citation

  • Boonmanunt, Suparee W. & Jantorn, Wasinee & Khruapradit, Varunee & Kilenthong, Weerachart T., 2025. "Intergenerational transmission of time preferences: Evidence from rural Thailand," Labour Economics, Elsevier, vol. 97(C).
    • Handle: RePEc:eee:labeco:v:97:y:2025:i:c:s0927537125001058
    DOI: 10.1016/j.labeco.2025.102781
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    Cited by:

    1. is not listed on IDEAS
    2. Ahmad Shabir Faizi & Weerachart Kilenthong, 2022. "The Role of Caregiver Time Preferences, Child Behavioral Problems and Community Risks on Parenting Style," PIER Discussion Papers 180, Puey Ungphakorn Institute for Economic Research.

    More about this item

    Keywords

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    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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