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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/35670
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Meier, Stephan | | en_US |
| dc.contributor.author | | Sprenger, Charles D. | | en_US |
| dc.date.accessioned | | 2009-07-24 | | en_US |
| dc.date.accessioned | | 2010-07-07T11:55:07Z | | - |
| dc.date.available | | 2010-07-07T11:55:07Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.pi | | urn:nbn:de:101:1-20090615131 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/35670 | | - |
| dc.description.abstract | | Some individuals borrow extensively on their credit cards. This paper tests whether present-biased time preferences correlate with credit card borrowing. In a field study, we elicit individual time preferences with incentivized choice experiments, and match resulting time preference measures to individual credit reports and annual tax returns. The results indicate that present-biased individuals are more likely to have credit card debt, and have significantly higher amounts of credit card debt, controlling for disposable income, other socio-demographics, and credit constraints. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | IZA discussion papers 4198 | | en_US |
| dc.subject.jel | | D12 | | en_US |
| dc.subject.jel | | D14 | | en_US |
| dc.subject.jel | | D91 | | en_US |
| dc.subject.jel | | C93 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Time preferences | | en_US |
| dc.subject.keyword | | dynamic inconsistency | | en_US |
| dc.subject.keyword | | credit card borrowing | | en_US |
| dc.subject.keyword | | field experiment | | en_US |
| dc.subject.stw | | Private Verschuldung | | en_US |
| dc.subject.stw | | Kreditkarte | | en_US |
| dc.subject.stw | | Konsumentenverhalten | | en_US |
| dc.subject.stw | | Zeitpräferenz | | en_US |
| dc.subject.stw | | USA | | en_US |
| dc.title | | Present-biased preferences and credit card borrowing | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 605349959 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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