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Endogenous Effective Discounting, Credit Constraints, and Wealth Inequality

Author

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  • Jeremy Tobacman

Abstract

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Suggested Citation

  • Jeremy Tobacman, 2009. "Endogenous Effective Discounting, Credit Constraints, and Wealth Inequality," American Economic Review, American Economic Association, vol. 99(2), pages 369-373, May.
  • Handle: RePEc:aea:aecrev:v:99:y:2009:i:2:p:369-73
    Note: DOI: 10.1257/aer.99.2.369
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/aer.99.2.369
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    Citations

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    Cited by:

    1. Makoto Nakajima, 2012. "Rising indebtedness and temptation: A welfare analysis," Quantitative Economics, Econometric Society, vol. 3(2), pages 257-288, July.
    2. De Neve, Jan-Emmanuel & Fowler, James H., 2014. "Credit card borrowing and the monoamine oxidase A (MAOA) gene," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PB), pages 428-439.
    3. David Laibson, 1997. "Golden Eggs and Hyperbolic Discounting," The Quarterly Journal of Economics, Oxford University Press, vol. 112(2), pages 443-478.
    4. Nakajima, Makoto, 2013. "A tale of two commitments: equilibrium default and temptation," Working Papers 14-1, Federal Reserve Bank of Philadelphia.

    More about this item

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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