@TechReport{iza:izadps:dp7165,
            	author={Golsteyn, Bart H.H. and Grönqvist, Hans and Lindahl, Lena},
            	title={Time Preferences and Lifetime Outcomes},
            	year={2013},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={7165},
            	url={https://www.iza.org/index.php/publications/dp7165},
	abstract={This paper investigates the relationship between time preferences and lifetime social and economic behavior. We use a Swedish longitudinal dataset that links information from a large survey on children's time preferences at age 13 to administrative registers spanning over five decades. Our results indicate a substantial adverse relationship between high discount rates and school performance, health, labor supply, and lifetime income. Males and high ability children gain significantly more from being future-oriented. These discrepancies are largest regarding outcomes later in life. We also show that the relationship between time preferences and long-run outcomes operates through early human capital investments.},
	keywords={income;preference parameter;personality;intertemporal choice;human capital;health},
            }