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metadata language: English

Replication data for: Cognitive Abilities and Household Financial Decision Making

Version
V0
Resource Type
Dataset
Creator
  • Agarwal, Sumit
  • Mazumder, Bhashkar
Publication Date
2013-01-01
Description
  • Abstract

    We analyze the effects of cognitive abilities on two examples of consumer financial decisions where suboptimal behavior is well defined. The first example features the optimal use of credit cards for convenience transactions after a balance transfer and the second involves a financial mistake on a home equity loan application. We find that consumers with higher overall test scores, and specifically those with higher math scores, are substantially less likely to make a financial mistake. These mistakes are generally not associated with nonmath test scores. (JEL D14, G21)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/app.5.1.193 (Text)
Publications
  • Agarwal, Sumit, and Bhashkar Mazumder. “Cognitive Abilities and Household Financial Decision Making.” American Economic Journal: Applied Economics 5, no. 1 (January 2013): 193–207. https://doi.org/10.1257/app.5.1.193.
    • ID: 10.1257/app.5.1.193 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07

Agarwal, Sumit; Mazumder, Bhashkar (2013): Replication data for: Cognitive Abilities and Household Financial Decision Making. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116381