Temporal Instability of Risk Preference among the Poor: Evidence from Payday Cycles
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https://www.nber.org/papers/w28784
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资源简介：
The poor live paycheck to paycheck and are repeatedly exposed to strong cyclical income fluctuations. We investigate whether such income fluctuations affect risk preference among the poor. If risk preference temporarily changes around payday, optimal decisions made before payday may no longer be
提供机构：
美国国家经济研究局
创建时间：
2021-05-01
