27 August 2019

Claus Thustrup Kreiner presents the research paper Time Discounting and Welfare Inequality

at a Workshop in Oslo on Inequality: Measurement, Evolution, Mechanisms and Policies on 26 August

This research documents a striking positive relationship between patience elicited in experiments and people’s position in the wealth distribution. The evidence suggests that patient individuals save more than less patient individuals and therefore become more wealthy.

See the slides from the presentation here