@TechReport{iza:izadps:dp12900, author={Giuliano, Paola and Sapienza, Paola}, title={The Cost of Being Too Patient}, year={2020}, month={Jan}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={12900}, url={https://www.iza.org/publications/dp12900}, abstract={We study the cost of being too patient on happiness. We find that the relationship between patience and various measures of subjective well-being is hump-shaped: it exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.}, keywords={patience;happiness}, }