The Impact of Education on Subjective Discount Rate in Ugandan Villages

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The impact of education on the subjective discount rate in Ugandan villages

The Impact of Education on the Subjective Discount Rate in Ugandan Villages Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to decrease with education. We exam...

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ژورنال

عنوان ژورنال: Economic Development and Cultural Change

سال: 2010

ISSN: 0013-0079,1539-2988

DOI: 10.1086/652475