The paper uses questions included in the SHIW 2010 to investigate the role of family transmission of values. It includes 3 pieces of empirical evidence. First, the paper shows that the values received from parents are key predictors of a number of attitudes (generalized and personalized trusting behaviour, risk and time preferences) and outcomes (female LFP, fertility, entrepreneurship, productivity). Second, it documents that values received from parents are correlated to the values transmitted to the descendants. Third, by using respondent moving patterns the paper highlights that there seems to be little evidence that the values received are updated before being further transmitted. Therefore, family transmission seems to be a neat channel for historical persistence.
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