During the last decade knowledge about human behavior from psychology and sociology
has enhanced the field of economics of education. By now research recognizes cognitive …

This paper explores inequalities in IQ and economic preferences between children from
families of high and low socioeconomic status (SES). We document that children from high …

Time preferences have been correlated with a range of life outcomes, yet little is known
about their early development. We conduct a field experiment to elicit time preferences of …

We use the separation and later reunification of Germany after World War II to show that a
political regime shapes time preferences of its residents. Using two identification strategies …

There is an increasing economic literature considering personality traits as a source of
individual differences in labor market productivity and other outcomes. This paper provides …

Even three decades after the end of communism in Eastern Europe, there are still
observable differences in financial risk and time preferences compared to Western Europe …

We study how parents transmit patience to their children with a focus on two theoretically
important channels of socialization: parenting values and parental involvement. Using high …

We use experimental and survey measures to evaluate the time and risk preferences of
nearly 500 adolescents aged 16–19 years old. We find that survey questions about time and …

Success in life is determined to a large extent by school performance so it is important to
understand the effect of the factors that influence it. In this exploratory study, in addition to …

We study the intergenerational transmission of time preferences in a setting without reverse
causality concerns. We find substantial transmission of patience from parents to children …