The Age of Reason: Financial Decisions Over the Lifecycle
收藏NBER2007-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13191
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资源简介:
In cross-sectional data sets from ten credit markets, we find that middle-aged adults borrow at lower interest rates and pay fewer fees relative to younger and older adults. Fee and interest payments are minimized around age 53. The measured effects are not explained by observed risk characteristics
提供机构:
美国国家经济研究局
创建时间:
2007-06-01



