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Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021 - This version: 10 June 2021

dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … young children fail to anticipate the benefits of reputation building. We also show that the cognitive skills of children …

Persistent link: https://www.econbiz.de/10012547006

The roots of cooperation

Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021

We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we … game. We find that third-party punishment doubles cooperation rates in comparison to a control condition. Children also … influence of children's cognitive skills and parents' socioeconomic background on cooperation. …

Persistent link: https://www.econbiz.de/10012668493

Children's patience and school-track choices several years later : linking experimental and field data

Angerer, Silvia; Bolvashenkova, Jana; … - 2021

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/10012533965

Evaluating intergenerational persistence of economic preferences : a large scale experiment with families in Bangladesh

Chowdhury, Shyamal K.; Sutter, Matthias; Zimmermann, … - 2018 - This version: February 13, 2018

fathers and mothers and their children by drawing on a unique dataset of 1,999 members of Bangladeshi families, including 911 … children, aged 6-17 years, and 544 pairs of mothers and fathers. We find a large degree of intergenerational persistence as the … economic preferences of mothers and fathers are significantly positively related to their children's economic preferences …

Persistent link: https://www.econbiz.de/10011800548

Sovereigns versus banks : credit, crises, and consequences

Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - 2013

Two separate narratives have emerged in the wake of the Global Financial Crisis. One speaks of private financial excess and the key role of the banking system in leveraging and deleveraging the economy. The other emphasizes the public sector balance sheet over the private and worries about the...

Persistent link: https://www.econbiz.de/10010199757

Betting the house

Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - 2014

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of modern economic history in the advanced economies. We...

Persistent link: https://www.econbiz.de/10010468583

International reserves before and after the global crisis : is there no end to hoarding?

Aizenman, Joshua; Cheung, Yin-Wong; Itō, Hiro - 2015

We evaluate the impact of the global financial crisis (GFC) and recent structural changes in the patterns of hoarding international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During the pre-GFC period of 1999-2006, gross saving...

Persistent link: https://www.econbiz.de/10010490278

The great mortgaging : housing finance, crises, and business cycles

Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - 2014

This paper unveils a new resource for macroeconomic research: a long-run dataset covering disaggregated bank credit for 17 advanced economies since 1870. The new data show that the share of mortgages on banks’ balance sheets doubled in the course of the 20th century, driven by a sharp rise of...

Persistent link: https://www.econbiz.de/10010412763

Parental paternalism and patience

Kiessling, Lukas; Chowdhury, Shyamal K.; … - 2021

on experiments with over 2,000 members of 610 families, we ﬁnd that parents anticipate their children's present bias and …We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based … willing to pay money to override their children's choices. Parental interference predicts more intensive parenting styles and …

Persistent link: https://www.econbiz.de/10012416153

Nurturing the future : how positive parenting is related to children’s skills and well-being

Breitkopf, Laura; Chowdhury, Shyamal K.; Priyam, Shambhavi - 2024

We study the relationship between parenting style and a broad range of children’s skills and outcomes. Based on survey … and experimental data from 5,580 children and their parents, we ﬁnd that children exposed to positive parenting have … satisﬁed with their life. Positive parenting is negatively associated with children’s neuroticism, patience, engagement in …

Persistent link: https://www.econbiz.de/10015075055