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Intergenerational Transmission of Preferences and Parental Behaviours

Author

Listed:
  • Flavia Coda Moscarola
  • Daniela Del Boca
  • Giovanna Paladino

Abstract

This paper investigates the intergenerational transmission of preferences between parents and their children, examining the transmission of patience, propensity to save, and conscientiousness. We explore the role of specific parental behaviours, such as sharing financial information, in this transmission process. Using data from a representative survey of Italian households (parents with children 14-20 years of age) our analysis reveals a significant and positive correspondence between parents’ and children’s preferences. The results indicate that sharing information strengthens the transmission of patience between parents and children, particularly among children under 18, households with a socioeconomic status (SES) above the median, and daughters. Conversely, sharing information does not impact significantly the transmission of the propensity to save or conscientiousness.

Suggested Citation

  • Flavia Coda Moscarola & Daniela Del Boca & Giovanna Paladino, 2024. "Intergenerational Transmission of Preferences and Parental Behaviours," CESifo Working Paper Series 10902, CESifo.
    • Handle: RePEc:ces:ceswps:_10902
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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