The Effect of Education on Time Preferences

Francisco Perez-Arce

No WR-844, Working Papers from RAND Corporation

Abstract: The author examines whether education increases patience. Admission decisions in a public college in Mexico are determined through a lottery. He finds that applicants who were successful in the draw were more likely to study in the following years. He surveyed the applicants to this college almost two years after the admission decision was made and measured their time preferences with a series of hypothetical inter-temporal choice questions. He finds that individuals who were successful in the admission lottery were, on average, more patient. He argues that this evidence points towards a causal effect of education on time preferences. t

Pages: 49
Date: 2011-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://www.rand.org/content/dam/rand/pubs/working_papers/2011/RAND_WR844.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ran:wpaper:wr-844

Access Statistics for this paper

More papers in Working Papers from RAND Corporation Contact information at EDIRC.
Bibliographic data for series maintained by Benson Wong ().