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  1. Parents' preferences, parenting styles and children's outcomes
    Published: [2023]
    Publisher:  CCA, Fondazione Collegio Carlo Alberto, Torino

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 671
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Carlo Alberto notebooks ; no. 697 (July 2023)
    Subjects: intergenerational transmission; patience; propensity to save; reading; conscientiousness; parenting styles
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  2. The emergence of debt and secular stagnation in an unequal society
    a stockflow consistent agent-based approach
    Published: [2022]
    Publisher:  Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Linz

    We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving... more

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    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 589
    No inter-library loan

     

    We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of private financial wealth and the evolution of public debt. Conducting a series of experiments, we find evidence for Keynes' famous claim that a rise in the propensity to save will not necessarily be matched by a rise in the propensity to invest, culminating in either chronic government deficits or consistently high unemployment rates if the government refuses to accept those deficits. The result emerges endogenously from the interaction of fully decentralized agents. The model indicates that promoting consumer credit can at best provide a very short-lived relief to this problem.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/250410
    Series: ICAE working paper series ; no. 135 (January 2022)
    Subjects: propensity to save; wealth accumulation; public debt; unequal distribution of income and wealth; consumer credit; household bankruptcy agent-based stock-flow consistent modeling
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  3. Intergenerational transmission of preferences and parental behaviours
    Published: January 2024
    Publisher:  CESifo, Munich, Germany

    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... more

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    No inter-library loan

     

    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.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/295991
    Series: CESifo working papers ; 10902 (2024)
    Subjects: intergenerational transmission; patience; propensity to save; conscientiousness; parental behaviours
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen