Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/101345 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
IFS Working Papers No. W14/18
Verlag: 
Institute for Fiscal Studies (IFS), London
Zusammenfassung: 
We examine the impact of a large high-school fi nancial education program on the intertemporal choices of adolescents. We randomly assigned the program among a sample of almost 1,000 students and measured their intertemporal choices using an incentivized experiment. While intertemporal choices in the control group exhibit signi ficant present bias, choices among treated students are time consistent on average. We structurally estimate individual preference parameters, explicitly allowing choices to be stochastic. Participation in the program increases time consistency and decreases error rates. These fi ndings suggest that fi nancial education can have signi cant eff ects on intertemporal choice already at a young age.
Schlagwörter: 
Intertemporal Choice
Financial Education
Experiment
JEL: 
D14
D91
C93
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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