Numeracy and wealth
详细信息 查看全文
- 作者：Catalina Estrada-Mejiaa ; b ; c.estrada395@uniandes.edu.co" class="auth_mail" title="E-mail the corresponding author ; Marieke de Vriesa ; c ; Marcel Zeelenberga
- 关键词：Numeracy ; Cognitive ability ; Wealth ; Wealth accumulation
- 刊名：Journal of Economic Psychology
- 出版年：2016
- 出版时间：June 2016
- 年：2016
- 卷：54
- 期：Complete
- 页码：53-63
- 全文大小：358 K
文摘
- •
We find a robust and significant correlation between numeracy and wealth.
- •
Our results are not explained by differences in preferences, constraints, or beliefs.
- •
Numeracy is a key determinant of the wealth accumulation trajectory (5-year period).
- •
The low numerate (but not the high numerate) participants decumulate wealth.