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How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors

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NBER2011-01-01 更新2025-01-04 收录
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Two competing explanations for why consumers have trouble with financial decisions are gaining momentum. One is that people are financially illiterate since they lack understanding of simple economic concepts and cannot carry out computations such as computing compound interest, which could cause

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2011-01-01
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