Intergenerational transmission of risk attitudes in Burkina Faso

Mohammad H. Sepahvand, Roujman Shahbazian

Research output: Contribution to journalArticlepeer-review

Abstract

Previous research shows that transmission of attitudes in the family is gendered. However, there are limited findings about intergenerational transmission of risk attitudes and whether it is gendered. This study replicates the findings by Dohmen et al. (Rev Econ Stud 79(2):645–677) for Germany by using quantitative data from Burkina Faso in 2014 to analyze three different self-reported risk questions. Our results show a strong intergenerational transmission of attitudes from parents to children in which positive assortative mating strengthens the parents’ transmission of attitudes to her child. Mothers’ transmissions are stronger for their daughters than sons. For fathers, the pattern is inverted. Our findings also show the existence of heterogeneity in intergenerational transmission within a male- and female-dominated risk domain. This supports the gender-specific role model hypothesis. Furthermore, we find support for the transmission of attitudes from the local environment to the child, but the strength and significance of this transmission decrease when controlling for parents’ attitudes.

Original languageEnglish
Pages (from-to)503-527
JournalEmpirical Economics
Volume61
Issue number1
Early online date2020
DOIs
Publication statusPublished - 2021
Externally publishedYes

Bibliographical note

Funding Information:
The data used in this study were collected through a government cooperation project between the National Institute of Statistics and Demography (INSD, Institut National de la Statistique et de la Démographie) of Burkina Faso and Statistics Sweden (SCB), which provided the technical assistance. The project was financed by the Swedish International Development Cooperation Agency (Sida, or in French: Agence suédoise de coopération internationale au développement, Asdi). The data that support the findings of this study are available from INSD, but restrictions apply to the availability of these data, which were used under license for the current study, and thus are not publicly available. Instructions for how other researchers can obtain the data, and all the information needed to proceed from the dataset to the results of the paper (including code), are, however, available from the corresponding author upon reasonable request and with permission of INSD.

Publisher Copyright:
© 2020, The Author(s).

Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.

Subject classification (UKÄ)

  • Economics

Free keywords

  • Burkina Faso
  • Gender
  • Intergenerational transmission
  • Risk attitudes
  • Socialization

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