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• W2065136543 abstract "This study investigates the relationship between time preferences and lifetime social and economic outcomes. We use a Swedish longitudinal data set that links information from a large survey on children's time preferences at age 13 to administrative registers spanning over five decades. Our results indicate a substantial adverse relationship between high discount rates and school performance, health, labour supply and lifetime income. Males and high‐ability children gain significantly more from being future oriented. These discrepancies are largest regarding outcomes later in life. We also show that the relationship between time preferences and long‐run outcomes operates through early human capital investments." @default.
• W2065136543 created "2016-06-24" @default.
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• W2065136543 date "2014-03-14" @default.
• W2065136543 modified "2023-10-17" @default.
• W2065136543 title "Adolescent Time Preferences Predict Lifetime Outcomes" @default.
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• W2065136543 doi "https://doi.org/10.1111/ecoj.12095" @default.
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