Patience affects economic growth, no news. This paper investigates the opposite causal relationship, i.e., how growth …, coherently with the model's prediction, growth has a significant impact on the effort to teach patience. … influences patience. We propose a simple theoretical framework where heterogeneous parents may choose to transmit their cultural …

This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of … 'virtuous circle' between growth and savings, with growth initiating the savings transition. No evidence to suggest that a prior … phase of promoting savings through specific policy initiatives is needed to initiate the process of growth and structural …

We consider a neoclassical growth model with quasi-hyperbolic discounting under Kantian optimization: each temporal …

We study the effect of endogenous time preference in a simple neo-classical model of growth. The variation of time … properties of these steady states are analyzed. The results are interpreted in light of the growth experiences of developing …

China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings … investigate the general equilibrium effects on capital accumulation and growth. We show that increased savings and capital …

find substantial transmission of patience from parents to children, which is insensitive to the inclusion of comprehensive … parents, authoritarian and permissive parents transmit patience to their offspring. Meanwhile, parental involvement is not an …