<quote>It should be noted that although the price of the Cadillac ELR has also not yet been announced, it is probably not going to arrive at the lower end of original expectations as GM has said the re-tooling to build the ELR will cost about $35 million dollars and that the plug-Caddy will now also be a “limited” production run. We think a mid-60,000s MSRP is likely.</quote>
Many scholars have argued that childhood experiences strongly impact political attitudes, but we actually have little causal evidence since many external factors that may influence preferences are correlated with the household environment. We utilize a younger sibling’s gender as an instrumental variable to identify the effect of growing up in a household with more female siblings and provide unique evidence of childhood political socialization. Having sisters causes young men to be substantially more likely to identify as Republicans and to express conservative viewpoints, particularly with regards to gender roles. We demonstrate these results in two panel surveys conducted decades apart: the Political Socialization Panel (PSP) and the National Longitudinal Survey of Youth (NLSY). We also utilize NLSY data collected during childhood to uncover evidence for a potential underlying mechanism. The results demonstrate that previously understudied childhood experiences can have important causal effects on political attitude formation.