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Negative Childhood Experiences and Risk Aversion
Marco Castillo
其他書名
Evidence from Children Exposed to Domestic Violence
出版
IZA - Institute of Labor Economics
, 2020
URL
http://books.google.com.hk/books?id=izrgzQEACAAJ&hl=&source=gbs_api
註釋
Using a longitudinal study of 1,900 Peruvian children, I show that children who grow up in a household where mothers report experiencing domestic violence are more risk averse and have lower cognitive development. Risk attitudes are measured with an incentivized experiment. The effect of domestic violence on risk attitudes is not mediated by cognitive development and suggests that early negative experiences in life can directly influence the risk attitudes of children. This experience is associated with other behavioral changes as well, including lower physical activity and higher BMI.