Weerachart Kilenthong, Suparee Boonmanunt, Sartja Duangchaiyoosook, Wasinee Jantorn and Varunee Khruapradit
This study investigates the association between child and caregiver time preferences in rural Thailand. We find that caregiver discount factor is positively correlated to a child’s ability to delay gratification, indicating that patient caregivers are more likely to have patient children. This correlation exists regardless of whether the caregiver is a biological parent or not. However, some evidence suggests genetic contribution in intergenerational transmission of time preferences: this correlation is stronger when both biological parents live at home than when none is present, and mother’s time preferences are stronger correlated with child time preferences than grandmother’s.
สถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์ PUEY UNGPHAKORN INSTITUTE FOR ECONOMIC RESEARCH
Year: May 2022 / Discussion Paper No. 178
Link for more information: https://www.pier.or.th/files/dp/pier_dp_178.pdf