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Author: Zumwalt, Andrew Mark
Resulting in 1 citation.
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Zumwalt, Andrew Mark |
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The Role of Time Preference on Wealth M.S. Thesis, Department of Consumer and Family Economics, University of Missouri-Columbia, 2008. Also: https://mospace.umsystem.edu/xmlui/handle/10355/5753 Cohort(s): NLSY79 Publisher: University of Missouri-Columbia Keyword(s): Alcohol Use; Body Mass Index (BMI); Educational Attainment; Exercise; Nutritional Status/Nutrition/Consumption Behaviors; Smoking (see Cigarette Use); Time Preference; Wealth Permission to reprint the abstract has not been received from the publisher. Using data from the National Longitudinal Study of Youth 1979, this analysis affirmed the influence of time preference on wealth. Time preference was measured using the respondent's behaviors as proxies for time preference. These behaviors included smoking, negative behaviors related to drinking, time spent exercising, the frequency reading a nutrition label, body mass index, drug use, and the highest grade completed by the respondent. The composite score was created from standardized proxy variables and then summed to create an additive score; higher scores indicated a higher rate of time preference. Ordinary least squares regression found a significant and negative relation between time preference and wealth. |
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Bibliography Citation
Zumwalt, Andrew Mark. The Role of Time Preference on Wealth. M.S. Thesis, Department of Consumer and Family Economics, University of Missouri-Columbia, 2008.. |