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สถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์
Puey Ungphakorn
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Call for Papers: PIER Research Workshop 2025
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Discussion Paperdp
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Year
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2024
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2022
...
6 May 2022 (Updated 17 April 2024)
202216517952000001713312000000
No. 178

Intergenerational Transmission of Time Preferences: An Evidence from Rural Thailand

Abstract

This study investigates factors associated with child time preferences in rural Thailand using a large and unique data set of more than 700 children 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. Children’s age and literacy ability are significantly associated with child time preferences, while other variables, e.g., screen time, are not. Interestingly, the older the caregivers, the stronger the relationship between caregiver and child time preferences.

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JEL: C93D64J24O15
Tags: time preferencespatiencefield experimentintergenerational transmissionskill formation
The views expressed in this workshop do not necessarily reflect the views of the Puey Ungphakorn Institute for Economic Research or the Bank of Thailand.
Suparee Boonmanunt
Suparee Boonmanunt
Mahidol University
Wasinee Jantorn
Wasinee Jantorn
University of the Thai Chamber of Commerce
Varunee Khruapradit
Varunee Khruapradit
University of the Thai Chamber of Commerce
Weerachart Kilenthong
Weerachart Kilenthong
University of the Thai Chamber of Commerce

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