This paper focuses on time preference and individual measures of expropriation risk. We use survey data on Italian households and on the 50+ population in eleven European countries. The surveys provide measures of discount rate and proxies for expropriation due to criminal offenses. We show that impatience increases with expropriation risk.

Expropriation risk and discounting

PADULA, Mario
2013-01-01

Abstract

This paper focuses on time preference and individual measures of expropriation risk. We use survey data on Italian households and on the 50+ population in eleven European countries. The surveys provide measures of discount rate and proxies for expropriation due to criminal offenses. We show that impatience increases with expropriation risk.
2013
67
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10278/37862
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