Financial Decisions over the Life Cycle and Implications for Regulation
About half of the population between ages 80 and 89 have a medical diagnosis of substantial cognitive impairment. We study life-cycle patterns in financial ...
The Age of Reason: Financial Decisions over the Life-Cycle with ...
We analyze regulatory regimes that may help individuals avoid making financial mistakes. Some of these regimes are designed to address the ...
Financial Decisions over the Life Cycle and Implications for Regulation
Many consumers make poor financial choices, and older adults are particularly vulnerable to such errors. About half of the population between ages 80 and 89 ...
The Age of Reason: Financial Decisions over the Life Cycle ... - jstor
transfers and the "rate-changing mistakes" on home equity loan applications. Finally, I will briefly discuss the paper's policy implications. The paper ...
Financial Decisions over the Life Cycle and Implications for Regulation
By Sumit Agarwal, John Driscoll, Xavier Gabaix and David Laibson; The Age of Reason: Financial Decisions over the Life Cycle and Implications for ...
The Age of Reason: Financial Decisions over the Life-Cycle and ...
Agarwal S, Driscoll J, Gabaix X, Laibson D. "The Age of Reason: Financial Decisions over the Life-Cycle and Implications for Regulation".
The Age of Reason: Financial Decisions over the Life-Cycle with ...
Keywords: Household finance, aging, financial sophistication, shrouding, credit cards, fees, mortgages, regulation. AAgarwal: Federal Reserve ...
The Age of Reason: Financial Decisions Over the Lifecycle
Figure 4: Home equity loan APR by borrower age. The figure plots the residual effect of age, after controlling for other observable characteristics, such as log ...
Financial Decisions over the Life Cycle and Implications for Regulation
full access The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation · Brookings Papers on Economic Activity ...
Financial Decisions over the Life Cycle and Implications for Regulation
We study lifecycle patterns in financial mistakes using a proprietary database that measures ten different types of credit behavior.
The Age of Reason: Financial Decisions over the Life-Cycle with ...
We conclude that financial mistakes follow a U-shaped pattern, with the cost-minimizing performance occurring around age 53. We analyze regulatory regimes that ...
[PDF] The Age of Reason: Financial Decisions over the Life-Cycle ...
The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation · Sumit Agarwal, John C. Driscoll, +1 author. David ...
The Age of Reason: Financial Decisions Over the Lifecycle
The sophistication of financial decisions varies with age: middle-aged adults borrow at lower interest rates and pay fewer fees compared to both ...
Financial Decisions over the Life Cycle and Implications for Regulation
Brookings Papers on Economic Activity · The Age of ReasonFinancial Decisions over the Life Cycle and Implications for Regulation · Sumit Agarwal, ...
The age of reason : financial decisions over the lifecycle
Description. March 15, 2007. -- Current version: March 19, 2007--p. 1. Statement of responsibility on t.p. reads: Sumit Agarwal, John Driscoll, Xavier Gabaix ...
The Age of Reason: Financial Decisions Over the Life Cycle
The sophistication of financial decisions varies with age: middle-aged adults borrow at lower interest rates and pay fewer fees compared to both younger and ...
The Age of Reason: Financial Decisions Over the Lifecycle and ...
Financial Decisions Over the Lifecycle and Implications for Regulation. Sumit Agarwal Federal Reserve Bank Chicago. John Driscoll Federal Reserve Board. Xavier ...
Financial decision making across the adult life span - APA PsycNet
Agarwal, S., Driscoll, J. C., Gabaix, X., Laibson, D. (2009). The age of reason: Financial decisions over the life-cycle with implications for regulation.
Financial literacy and financial decision-making at older ages
The age of reason: financial decisions over the life cycle and implications for regulation. Brook. Pap. Econ. Act., 2009 (2009), pp. 51-117. Crossref Google ...