Female babies and risk-aversion / Ganna Pogrebna (University of Warwick), Andrew J. Oswald (University of Warwick and IZA), David Haig (Harvard University) ; IZA, Institute of Labor Economics
VerfasserPogrebna, Ganna ; Oswald, Andrew J. ; Haig, David
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
Elektronische Ressource
Umfang1 Online-Ressource (31 Seiten) : Diagramme
SerieDiscussion paper ; no. 10717
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Female babies and risk-aversion [1.42 mb]
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Being told the sex of your unborn child is a major exogenous ‘shock. In the first study of its kind, we collect before-and-after data from hospital wards. We test for the causal effects of learning child gender upon peoples degree of risk-aversion. Using a standard Holt-Laury criterion, the parents of daughters, whether unborn or recently born, are shown to be almost twice as risk-averse as parents of sons. The study demonstrates this in longitudinal (‘switching) data and cross-sectional data. The study finds it for fathers and mothers, babies in the womb and recently born children, and for a West European nation and an East European nation.