Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities

Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities

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Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities

BIS Working Papers | No 640 | 24 May 2017by Gianpaolo Parise and Kim PeijnenburgPDF full text (593kb) | 57 pagesWe explore how financial distress and choices are affected by noncognitive abilities. Our measures stem from research in psychology and economics.

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