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We study the role played by the standard of living during childhood on nest leaving. Using data from SHARE, we show empirically that individuals who grew up in a golden nest leave the parental home later and that education only partially mediates this effect. This relationship holds across...
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This paper investigates the intergenerational transmission of preferences between parents and their children, examining … 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 …
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Do individuals choose their reference groups, i.e. their Joneses, or are they culturally transmitted across generations? We provide evidence that feeds the theoretical debate about the endogeneity or exogeneity of reference groups. Our findings for Uruguay suggest that reference groups are...
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