Showing 1 - 5 of 5
We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …
Persistent link: https://www.econbiz.de/10013250733
Previous literature concludes that replacing wage taxation by taxes on a fixed factor or its rents benefits future generations. However, the effects of such steady-state gains on the transition generations have been left open. In this paper, we show that taxation of rents may also increase...
Persistent link: https://www.econbiz.de/10013316664
individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate … education, as a supplement to the labor income tax. …
Persistent link: https://www.econbiz.de/10010261166
migration there over the period 1971-2001. What we find is that the stock of foreign students is an important predictor of …
Persistent link: https://www.econbiz.de/10010261293
We present direct evidence on the link between children’s patience and educational-track choices years later. Combining … an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three …
Persistent link: https://www.econbiz.de/10012599197