Please use this identifier to cite or link to this item:
MacArdle, John J.
Smith, James P.
Willis, Robert
Year of Publication: 
Series/Report no.: 
IZA Discussion Papers 4269
Dimensions of cognitive skills are potentially important but often neglected determinants of the central economic outcomes that shape overall well-being over the life course. There exists enormous variation among households in their rates of wealth accumulation, their holdings of financial assets, and the relative risk in their chosen asset portfolios that have proven difficult to explain by conventional demographic factors, the amount of bequests they receive or anticipating giving, and the level of economic resources of the household. These may be cognitively demanding decisions at any age but especially so at older ages. This research examines the association of cognitive skills with wealth, wealth growth, and wealth composition for people in their pre and post-retirement years.
financial outcomes
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
204.62 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.