Replication data for: Measuring Self-Control Problems
Principal Investigator(s): View help for Principal Investigator(s) John Ameriks; Andrew Caplin; John Leahy; Tom Tyler
Version: View help for Version V1
Name | File Type | Size | Last Modified |
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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:
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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:
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D12 Consumer Economics: Empirical Analysis
D14 Household Saving; Personal Finance
D12 Consumer Economics: Empirical Analysis
D14 Household Saving; Personal Finance
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