Monday, March 17
Tom Vogl: Differential Fertility, Human Capital, & Development
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.