My parents taught Me. Evidence on the family transmission of values

Abstract

The paper uses questions included in the 2010 wave of the Bank of Italy's Survey on Household Income and Wealth to investigate the role of family transmission of values. It presents three main empirical findings. First, the paper shows that a number of attitudes (generalized and personalized trusting behaviour, risk and time preferences) and outcomes (female labour force participation, fertility, entrepreneurship, productivity) are associated with the values received. Second, it documents that values received from parents are correlated with the values transmitted to descendants. Third, by using respondent moving patterns, the paper highlights that values received are slowly changing even after a discontinuity in the reference environment. Comparisons between first-and second-generation movers suggest that what matters for breaking the family chains are the formative years, when young people somehow strike a balance between the values transmitted by their parents and what they experience in the (possibly different) environment where they grow up.

“Faça o que eu digo, não o que eu faço?” Um Estudo sobre a Transmissão Valorativa entre Pais e Filhos

“…A transmissão de valores entre pais/mães e filhos é considerada uma área de estudo de suma relevância para determinar a eficácia do processo de socialização dos indivíduos (Grusec, Goodnow, & Kuczynski, 2000). As pesquisas sobre valores de pais/mães e filhos, com poucas exceções, dedicam--se a estudar apenas suas prioridades valorativas e a estrutura de valores apresentada por ambos (Albanese, De Blasio, & Sestito, 2016;Knafo, 2003;Perez-Brena, Updegraff, & Umaña-Taylor, 2015), com destaque a algumas exceções clássicas como os achados de Molpeceres (1994) e Kohn (1977), que realizaram pesquisas sobre a relação entre os valores de pais/mães e filhos e sua forma de internalização.…”

Fiscal Policy in the US: A New Measure of Uncertainty and Its Recent Development

“…Having recovered the series of the fiscal uncertainty shock we are now ready to analyze its impact on macroeconomic variables. In particular, following Baker et al (2016) we estimate a recursive autoregressive model, with monthly data from May 1993 to April 2018, where our measure of FPU is added as the first endogenous variable. We estimate the system:…”

“…FPU Range-90 Range-68 Skewness Clinton (1997-2001 0.000 0.002 0.002 0.24 Bush (2001)(2002)(2003)(2004)(2005) 0.001 0.006 0.002 -0.91 Bush (2005)(2006)(2007)(2008)(2009) -0.001 -0.003 -0.003 0.00 Obama (2009)(2010)(2011)(2012)(2013) 0.018 0.055 0.037 -0.83 Obama (2013)(2014)(2015)(2016)(2017) -0.003 -0.012 -0.009 0.63 Trump (2017-Incumbent) 0.004 0.014 0.007 -0.59 Table 2: Statistics on fiscal policy uncertainty at the inception of the different US Administrations. All statistics are calculated as the difference in the annual averages one year after and one year before the US presidential election.…”

Is There a Case for Intergenerational Transmission of Female Labour Force Participation and Educational Attainment? Evidence From Greece During The Crisis

“…From a broader perspective, Albanese et al . () accentuate the importance of intergenerational transmission of values within the Italian family, itself acting as a channel for historical persistence. Finally, Bredtmann et al .…”