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Intergenerational Transmission of Risk Attitudes:The Role of Gender, Parents and Grandparents in Burkina Faso
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Swedish Institute for Social Research, Stockholm University.
2017 (English)Report (Other academic)
Abstract [en]

This study investigates the intergenerational transmission of risk attitudes for three risk domains in Burkina Faso. First, our results shows a strong transmission of attitudes from parents to children. Although, estimates from intergenerational transmission of risk attitudes in developing countries should not be compared directly with those from developed countries, our results goes in the same direction as previous literature from Germany. That is risk attitudes are transmitted from; parents to children, local enviorment to children and positive assortative mating of parents strengthens the parents’ transmission of attitudes to her child. Second we analyze three generations of risk attitude transmission. Our results indicates that it exist a transmission of risk attitudes from grandparents to their grandchildren. The strength and significance of this socialization decreases when we control for parents risk attitudes. Third, since there are strong gender roles in Burkina Faso, we test if mothers and fathers transmission of risk attitudes on their daughter is the same as on their son. We find that mother’s transmission of risk attitudes is stronger on their daughters than sons. For fathers the pattern is reverse. However, our findings show that it exist a heterogenity in the transmission of risk attitudes in male and female dominated risk domains. This gives support for the gender-specific role model hypothesis in terms of risk attitudes.

Place, publisher, year, edition, pages
Uppsala, 2017. , p. 56
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2017:13
Keyword [en]
risk attitudes; inter and multigenerational transmission; socialization; Burkina Faso
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-334076OAI: oai:DiVA.org:uu-334076DiVA, id: diva2:1158651
Available from: 2017-11-20 Created: 2017-11-20 Last updated: 2017-11-20

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf