Replication data for: The Impact of Financial Education on Adolescents' Intertemporal Choices
- Lührmann, Melanie
- Serra-Garcia, Marta
- Winter, Joachim
AbstractWe study the impact of financial education on intertemporal choice in adolescence. The educational program was randomly assigned among high school students, and choices were measured using an incentivized experiment. Students who participated in the program make more time-consistent choices; are more likely to allocate payments to a single payment date, as opposed to spreading payment across two dates; and display increased consistency of choice with the law of demand. These findings suggest that financial education increases the quality of intertemporal decision-making and decreases narrow bracketing.
Is supplement to
DOI: 10.1257/pol.20170012 (Text)
Lührmann, Melanie, Marta Serra-Garcia, and Joachim Winter. “The Impact of Financial Education on Adolescents’ Intertemporal Choices.” American Economic Journal: Economic Policy 10, no. 3 (August 2018): 309–32. https://doi.org/10.1257/pol.20170012.
- ID: 10.1257/pol.20170012 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07