Publikation:

Education increases patience : Evidence from a change in a compulsory schooling law

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2024

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http://nbn-resolving.de/urn:nbn:de:bsz:352-2-5en2h3lwj86w2
DOI (zitierfähiger Link)
https://doi.org/10.1016/j.ehb.2024.101375
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CC BY 4.0

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Open Access Hybrid

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Wirtschaftswissenschaften: Publikationen
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Economics and Human Biology. Elsevier. 2024, 53, 101375. ISSN 1570-677X. eISSN 1873-6130. Verfügbar unter: doi: 10.1016/j.ehb.2024.101375

Zusammenfassung

I investigate the causal effect of education on time preferences. To deal with the endogeneity of education, I exploit exogenous variation in education imposed by a Turkish school reform that raised compulsory education from five to eight years. I find that education causes individuals to make more patient inter-temporal choices but does not induce them to report being more patient. I also provide evidence that the effect of education on patient inter-temporal choices does not operate through changes in financial well-being.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

Time preference, education, compulsory schooling

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ISO 690KUNT ŠIMUNOVIĆ, Pinar, 2024. Education increases patience : Evidence from a change in a compulsory schooling law. In: Economics and Human Biology. Elsevier. 2024, 53, 101375. ISSN 1570-677X. eISSN 1873-6130. Verfügbar unter: doi: 10.1016/j.ehb.2024.101375
BibTex
@article{KuntSimunovic2024-04Educa-70846,
  year={2024},
  doi={10.1016/j.ehb.2024.101375},
  title={Education increases patience : Evidence from a change in a compulsory schooling law},
  volume={53},
  issn={1570-677X},
  journal={Economics and Human Biology},
  author={Kunt Šimunović, Pinar},
  note={Article Number: 101375}
}
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