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Smoking, wealth accumulation and the propensity to plan

Archived Abstract of Former PSC Researcher

Khwaja, Ahmed, Daniel Silverman, Frank Sloan, and Yang Wang. 2007. "Smoking, wealth accumulation and the propensity to plan." Economics Letters, 94(1): 96-103.

We investigate the relationship between wealth, smoking, and individual propensities to plan. Planning propensity affects wealth but not smoking, suggesting that planning is not an all-purpose skill. Financial planning may draw on different abilities than those that facilitate smoking cessation.

DOI:10.1016/j.econlet.2006.08.007 (Full Text)

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