ASSIMILATION IN THE RISK PREFERENCES OF SPOUSES

C-Tier
Journal: Economic Inquiry
Year: 2018
Volume: 56
Issue: 3
Pages: 1809-1816

Authors (2)

Salvatore Di Falco (not in RePEc) Ferdinand M. Vieider (Universiteit Gent)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We use correlations in the risk preferences of spouses as a testbed of whether preferences are socially transmitted, rather than being innate as traditionally assumed in economics. We obtain rich measurements of the risk preferences of cohabiting spouses in the rural Ethiopian highlands. This allows us to use correlation coefficients at the level of the couple in regression analysis. We find a strong correlation between the strength of the correlation in risk preferences within a couple and how long a couple has been married. This provides direct evidence for assimilation in the risk preference of spouses, and thus for social transmission of preferences. Assortative mating appears to be less important. (JEL C93, D03, D80, O12)

Technical Details

RePEc Handle
repec:bla:ecinqu:v:56:y:2018:i:3:p:1809-1816
Journal Field
General
Author Count
2
Added to Database
2026-01-25