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FAB.pdf application/pdf 455.8 KB 12/02/2019 11:34:AM
LICENSE.txt text/plain 14.6 KB 12/02/2019 11:34:AM
SPF.pdf application/pdf 119.1 KB 12/02/2019 11:34:AM
aer.do text/plain 13.5 KB 12/02/2019 11:34:AM
aer.txt text/plain 97.1 KB 12/02/2019 11:34:AM
fab-ii-clean.do text/plain 2.2 KB 12/02/2019 11:34:AM
readme.doc application/msword 21 KB 12/02/2019 11:34:AM

Project Citation: 

Project Description

Summary:  View help for Summary We develop a survey instrument to measure self-control problems in a sample of highly educated adults. This measure relates in the manner that theory predicts to liquid wealth accumulation and personality measures. Yet while self-control problems are typically seen as resulting in overconsumption and low wealth, we identify a significant group who underconsume and thereby accumulate high levels of wealth. In addition, self-control problems are smaller in scale for older than for younger respondents. Those who put money aside in retirement accounts may be delaying access to a point at which self-control problems are no longer important. (JEL D12, D14)

Scope of Project

JEL Classification:  View help for JEL Classification
      D12 Consumer Economics: Empirical Analysis
      D14 Household Saving; Personal Finance


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