Socioeconomic Status and Inequalities in Children’s IQ and Economic Preferences
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-SES families are more intelligent, patient, and altruistic as well as less risk seeking. To understand the underlying mechani...
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| Veröffentlicht in: | The Journal of political economy 2021-09, Vol.129 (9), p.2504-2545 |
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| container_end_page | 2545 |
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| container_issue | 9 |
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| container_title | The Journal of political economy |
| container_volume | 129 |
| creator | Falk, Armin Kosse, Fabian Pinger, Pia Schildberg-Hörisch, Hannah Deckers, Thomas |
| description | 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-SES families are more intelligent, patient, and altruistic as well as less risk seeking. To understand the underlying mechanisms, we propose a framework of how SES, parental investments, as well as maternal IQ and preferences influence a child’s IQ and preferences. Our results indicate that disparities in the level of parental investments hold substantial importance. In light of the importance of IQ and preferences for behaviors and outcomes, our findings offer an explanation for social immobility. |
| doi_str_mv | 10.1086/714992 |
| format | Article |
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| ispartof | The Journal of political economy, 2021-09, Vol.129 (9), p.2504-2545 |
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| source | EBSCOhost Business Source Complete; University of Chicago Press Journals (Full run) |
| subjects | 2002-2003 Altruism Altruismus Children Deutschland Economic theory Inequality Intelligence Intelligence tests Intelligenz Kinder Low income groups Parents & parenting Political economy Preferences Risikopräferenz Socioeconomic factors Socioeconomic status Soziale Mobilität Sozialer Status |
| title | Socioeconomic Status and Inequalities in Children’s IQ and Economic Preferences |
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