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Intergenerational transmission of risk attitudes in Burkina Faso.
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- Author(s): Sepahvand, Mohammad H.1 (AUTHOR) ; Shahbazian, Roujman2,3 (AUTHOR)
- Source:
Empirical Economics. Jul2021, Vol. 61 Issue 1, p503-527. 25p. 4 Charts, 4 Graphs.- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: Previous research shows that transmission of attitudes in the family is gendered. However, there are limited findings about intergenerational transmission of risk attitudes and whether it is gendered. This study replicates the findings by Dohmen et al. (Rev Econ Stud 79(2):645–677) for Germany by using quantitative data from Burkina Faso in 2014 to analyze three different self-reported risk questions. Our results show a strong intergenerational transmission of attitudes from parents to children in which positive assortative mating strengthens the parents' transmission of attitudes to her child. Mothers' transmissions are stronger for their daughters than sons. For fathers, the pattern is inverted. Our findings also show the existence of heterogeneity in intergenerational transmission within a male- and female-dominated risk domain. This supports the gender-specific role model hypothesis. Furthermore, we find support for the transmission of attitudes from the local environment to the child, but the strength and significance of this transmission decrease when controlling for parents' attitudes. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Empirical Economics is the property of Springer Nature and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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