Bad Luck or Bad Decisions? Macroeconomic Implications of Persistent Heterogeneity in Cognitive Skills and Overconfidence
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- Oliver Pfäuti & Fabian Seyrich & Jonathan Zinman, 2024. "Bad Luck or Bad Decisions? Macroeconomic Implications of Persistent Heterogeneity in Cognitive Skills and Overconfidence," Discussion Papers of DIW Berlin 2080, DIW Berlin, German Institute for Economic Research.
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- Christa N. Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott Nelson & Wilbert Van der Klaauw & Jialan Wang, 2024.
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- Christa N. Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott T. Nelson & Wilbert H. van der Klaauw & Jialan Wang, 2024. "Consumer Credit Reporting Data," NBER Working Papers 32791, National Bureau of Economic Research, Inc.
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More about this item
JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- E03 - Macroeconomics and Monetary Economics - - General - - - Behavioral Macroeconomics
- E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
- H6 - Public Economics - - National Budget, Deficit, and Debt
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2024-05-06 (Dynamic General Equilibrium)
- NEP-INV-2024-05-06 (Investment)
- NEP-MAC-2024-05-06 (Macroeconomics)
- NEP-NEU-2024-05-06 (Neuroeconomics)
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