Code for: Time Discounting and Wealth Inequality
收藏ICPSR2020-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/115221/version/V1/view?path=/openicpsr/115221/fcr:versions/V1/CollapsedDatasets&type=folder
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资源简介：
This paper documents a large association between individuals’ time discounting in incentivized experiments and their positions in the real-life wealth distribution derived from Danish high-quality administrative data for a large sample of middle-aged individuals. The association is stable over time, exists through the wealth distribution and remains large after controlling for education, income profile, school grades, initial wealth, parental wealth, credit constraints, demographics, risk preferences and additional behavioral parameters. Our results suggest that savings behavior is a driver of the observed association between patience and wealth inequality as predicted by standard savingstheory.
提供机构：
University of Zurich, Department of Banking and Finance; Center for Economic Behavior and Inequality, Department of Economics, University of Copenhagen; University of Zurich, Department of Economics; Center for Economic Behavior and Inequality, Department of Economics, University of Copenhagen; Center for Economic Behavior and Inequality, Department of Economics, University of Copenhagen; University of St.Gallen, School of Economics and Political Science; University of Zurich, Department of Economics; Center for Economic Behavior and Inequality, Department of Economics, University of Copenhagen
创建时间：
2020-01-01
