Replication data for: The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets
Principal Investigator(s): View help for Principal Investigator(s) M. Keith Chen
Version: View help for Version V1
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Project Citation:
Chen, M. Keith. Replication data for: The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116114V1
Project Description
Summary:
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Languages differ widely in the ways they encode time. I test the
hypothesis that the languages that grammatically associate the future
and the present, foster future-oriented behavior. This prediction
arises naturally when well-documented effects of language structure
are merged with models of intertemporal choice. Empirically, I
find that speakers of such languages: save more, retire with more
wealth, smoke less, practice safer sex, and are less obese. This
holds both across countries and within countries when comparing
demographically similar native households. The evidence does not
support the most obvious forms of common causation. I discuss
implications for theories of intertemporal choice. (JEL D14, D83,
E21, I12, J26, Z13)
Scope of Project
JEL Classification:
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D14 Household Saving; Personal Finance
D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
E21 Macroeconomics: Consumption; Saving; Wealth
I12 Health Behavior
J26 Retirement; Retirement Policies
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
D14 Household Saving; Personal Finance
D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
E21 Macroeconomics: Consumption; Saving; Wealth
I12 Health Behavior
J26 Retirement; Retirement Policies
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
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