Financial literacy's effect on elicited subjective discount rate

Eyal Lahav; Mosi Rosenboim; Tal Shavit

Financial literacy's effect on elicited subjective discount rate

Eyal Lahav, Mosi Rosenboim, Tal Shavit

Department of Management

Research output: Contribution to journal › Article › peer-review

12 Scopus citations

Abstract

Financial illiteracy is a well-known, international problem. The current study investigates if learning basic fundamentals of cash flow capitalization affects time preference. The findings indicate that this knowledge does dramatically decrease preference for the present.

Original language	English
Pages (from-to)	1360-1368
Number of pages	9
Journal	Economics Bulletin
Volume	35
Issue number	2
State	Published - 1 Jan 2015

ASJC Scopus subject areas

General Economics, Econometrics and Finance

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

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title = "Financial literacy's effect on elicited subjective discount rate",

abstract = "Financial illiteracy is a well-known, international problem. The current study investigates if learning basic fundamentals of cash flow capitalization affects time preference. The findings indicate that this knowledge does dramatically decrease preference for the present.",

author = "Eyal Lahav and Mosi Rosenboim and Tal Shavit",

note = "Funding Information: The authors' names are alphabetical order. Acknowledgment: We would like to thank the research authority at the school of Business Administration in the College of Management Academic Studies (Israel) for the financial support. Citation: EyalLahavand MosiRosenboimand TalShavit, (2015) ''Financialliteracy's effect onelicited subjective discount rate'', Economics Bulletin, Volume 35, Issue 2, pages 1360-1368 Contact: [email protected], [email protected], TalShavit - [email protected]. Submitted: March 18, 2015. Published: June 08, 2015.",

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AU - Rosenboim, Mosi

AU - Shavit, Tal

N1 - Funding Information: The authors' names are alphabetical order. Acknowledgment: We would like to thank the research authority at the school of Business Administration in the College of Management Academic Studies (Israel) for the financial support. Citation: EyalLahavand MosiRosenboimand TalShavit, (2015) ''Financialliteracy's effect onelicited subjective discount rate'', Economics Bulletin, Volume 35, Issue 2, pages 1360-1368 Contact: [email protected], [email protected], TalShavit - [email protected]. Submitted: March 18, 2015. Published: June 08, 2015.

PY - 2015/1/1

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AB - Financial illiteracy is a well-known, international problem. The current study investigates if learning basic fundamentals of cash flow capitalization affects time preference. The findings indicate that this knowledge does dramatically decrease preference for the present.

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M3 - Article

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Financial literacy's effect on elicited subjective discount rate

Abstract

ASJC Scopus subject areas

UN SDGs

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