Abstract
We study differences in intertemporal choices across language groups in an incentivized experiment with 1154 children in a bilingual city. The sample consists of 86% of all primary school kids in Meran/Merano, where about half of the 38,000 inhabitants speak German, and the other half Italian, while both language groups live very close to each other. We find that German-speaking primary school children are about 16 percentage points more likely than Italian-speaking children to delay gratification in an intertemporal choice experiment. The difference remains significant in several robustness checks and when controlling for a broad range of factors, including risk attitudes, IQ family background, or residential area. Hence, we are able to show that language group affiliation, which is often used as a proxy for culture, plays an important role in shaping economic preferences already early in life.
Dokumententyp: | Zeitschriftenartikel |
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Fakultät: | Volkswirtschaft |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
ISSN: | 0014-2921 |
Sprache: | Englisch |
Dokumenten ID: | 62855 |
Datum der Veröffentlichung auf Open Access LMU: | 19. Jul. 2019, 12:11 |
Letzte Änderungen: | 04. Nov. 2020, 13:40 |