MARC Record from Scriblio

LEADER: 01923cam 22003377a 4500
001 2005618331
003 DLC
005 20050705103500.0
007 cr |||||||||||
008 050705s2005 mau sb 000 0 eng
010 $a 2005618331
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aPuri, Manju.
245 10 $aOptimism and economic choice$h[electronic resource] /$cManju Puri, David Robinson.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2005.
490 1 $aNBER working paper series ;$vworking paper 11361
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 7/5/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"This paper presents some of the first large-scale survey evidence linking optimism to major economic choices. We create a novel measure of optimism using the Survey of Consumer Finance by comparing a person's self-reported life expectancy to that implied by statistical tables. Optimists are more likely to believe that future economic conditions will improve. Self-employed respondents are more optimistic than regular wage earners. In general, more optimistic people work harder and anticipate longer age-adjusted work careers. They are more likely to remarry, conditional on divorce. In addition, they tilt their investment portfolios more toward individual stocks"--National Bureau of Economic Research web site.
650 0 $aOptimism.
650 0 $aFinance, Personal.
650 0 $aConsumers' preferences.
650 0 $aConsumption (Economics)
700 1 $aRobinson, David,$d1958-
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 11361.
856 40 $uhttp://papers.nber.org/papers/W11361