Hyperbolic Discount Functions , Undersaving , and Savings Policy
نویسنده
چکیده
This work has been supported financially by the National Science Foundation (SBR-9510985) and the Alfred P. Sloan Foundation. I am grateful to Joshua S, White for excellent research assistance. I have benefitted from conversations with Robert Barre, Roland Benabou, Olivier Blanchard, Casey Mulligan, Richard Zeckhauser and seminar participants at Boston College, Dartmouth, Harvard, Johns Hopkins, Ohio State, NBER, NYU, University of Arizona, and University of Michigan. This paper is part of NBER’s research program in Asset Pricing. Any opinions expressed are those of the author and not those of the National Bureau of Economic Research.
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