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Intergenerational transmission of luck versus effort beliefs
Linköping University, Department of Management and Engineering, Economics. Linköping University, Faculty of Arts and Sciences. DIW Berlin, Germany.
George Mason Univ, VA 22030 USA; George Mason Univ, VA 22030 USA; Res Inst Ind Econ, Sweden.
Stockholm Univ, Sweden; CEPR, Sweden.
2023 (English)In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 232, article id 111345Article in journal (Refereed) Published
Abstract [en]

Beliefs about whether luck or effort determines individuals economic outcomes in life (luck vs effort beliefs) are central for individuals opinions on inequality and political preferences. Those who think that luck is relatively more important than effort generally accept less inequality, want more economic redistribution and support a larger welfare state. We study the transmission of luck vs effort beliefs from parents to children. By means of an original, representative survey of Swedish parents, matched to administrative data, we document that the vast majority teach their children not only that effort is crucial for economic success, but that effort is more important than what they themselves actually believe it to be.(c) 2023 Elsevier B.V. All rights reserved.

Place, publisher, year, edition, pages
ELSEVIER SCIENCE SA , 2023. Vol. 232, article id 111345
Keywords [en]
Inequality; Redistribution; Social mobility; Survey
National Category
Economic History
Identifiers
URN: urn:nbn:se:liu:diva-198863DOI: 10.1016/j.econlet.2023.111345ISI: 001082161100001OAI: oai:DiVA.org:liu-198863DiVA, id: diva2:1808928
Note

Funding Agencies|Ragnar Soderberg Foundation, Sweden; Swedish Royal Academy of Sciences; Lab for Economics Applications and Policy at Harvard University

Available from: 2023-11-01 Created: 2023-11-01 Last updated: 2024-05-01

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Gärtner, Manja

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Output format
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