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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
proportion of income) also decline by almost the same amount, suggesting shared understanding that is characteristic of social …
Persistent link: https://www.econbiz.de/10012908662
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation) …
Persistent link: https://www.econbiz.de/10012859600