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Patience goes a long way: Evidence from Spain

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  • González Chapela, Jorge

Abstract

This study uses newly available data from the Survey of Financial Competences to investigate whether cross-region migrants in Spain are more patient than individuals who choose to remain in their birth region. The empirical model incorporates predicted probabilities of underreporting and overreporting of the migrant status. Less patient individuals appear to be less likely to be migrants. This result is robust to controlling for a variety of demographic and economic factors, as well as for cognitive ability.

Suggested Citation

  • González Chapela, Jorge, 2020. "Patience goes a long way: Evidence from Spain," MPRA Paper 98711, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:98711
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    File URL: https://mpra.ub.uni-muenchen.de/98711/1/MPRA_paper_98711.pdf
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    References listed on IDEAS

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    Cited by:

    1. Dirección General de Economía y Estadística, 2020. "El mercado de la vivienda en España entre 2014 y 2019," Occasional Papers 2013, Banco de España.

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    More about this item

    Keywords

    Internal migration; time preference; measurement error; probit; Spain.;
    All these keywords.

    JEL classification:

    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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