Parental Risk Attitudes and Children's Secondary School Track Choice

Guido Heineck and Oliver Wölfel

No 344, SOEPpapers on Multidisciplinary Panel Data Research from DIW Berlin, The German Socio-Economic Panel (SOEP)

Abstract: It is well known that individuals' risk attitudes are related to behavioral outcomes such as smoking, portfolio decisions, and also educational attainment, but there is barely any evidence on whether parental risk attitudes affect the educational attainment of dependent children. We add to this literature and examine children's secondary school track choice in Germany where tracking occurs at age ten and has a strong binding character. Our results indicate no consistent patterns for paternal risk preferences but a strong negative impact of maternal risk aversion on children's enrollment in upper secondary school.

Keywords: Educational choice; risk attitudes; SOEP (search for similar items in EconPapers)
JEL-codes: I21 J24 (search for similar items in EconPapers)
Pages: 34 p.
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://www.diw.de/documents/publikationen/73/diw_01.c.366338.de/diw_sp0344.pdf (application/pdf)

Related works:
Journal Article: Parental risk attitudes and children's secondary school track choice (2012)
Working Paper: Parental risk attitudes and children's secondary school track choice (2010)
Working Paper: Parental Risk Attitudes and Children's Secondary School Track Choice (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwsop:diw_sp344

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