Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/168173
Authors: 
Pannenberg, Markus
Friehe, Tim
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Consumption and Household Economics B13-V1
Abstract: 
This paper presents evidence on the impact of political regimes on time preferences using survey measures of present bias and patience. Treating the German separation and reunification as a natural experiment, our results indicate that the GDR's socialist regime significantly diminished the present bias of its former citizens, while their patience appears to be unaffected.
JEL: 
D02
D12
Document Type: 
Conference Paper

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