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Time-Inconsistency and Saving: Experimental Evidence from Low-Income Tax Filers

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NBER2015-06-01 更新2025-01-04 收录
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We conduct a field experiment designed to test theories of time-inconsistency, namely a "Beta-Delta" model of present bias. The experiment takes place in the context of a saving decision made by low-income tax filers who can deposit their income tax refund into an illiquid account. We find

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2015-06-01
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