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Smoking, wealth accumulation and the propensity to plan

Publication Abstract

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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