| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29634 |
| 来源ID | Working Paper 29634 |
| Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-being | |
| John Ameriks; Andrew Caplin; Minjoon Lee; Matthew D. Shapiro; Christopher Tonetti | |
| 发表日期 | 2022-01-10 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Cognitive decline may lead older Americans to make poor financial decisions. Preventing poor decisions may require timely transfer of financial control to a reliable agent. Cognitive decline, however, can develop unnoticed, creating the possibility of suboptimal timing of the transfer of control. This paper presents survey-based evidence that wealthholders regard suboptimal timing of the transfer of control, in particular delay due to unnoticed cognitive decline, as a substantial risk to financial well-being. This paper provides a theoretical framework to model such a lack of awareness and the resulting welfare loss. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Financial Economics |
| URL | https://www.nber.org/papers/w29634 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587307 |
| 推荐引用方式 GB/T 7714 | John Ameriks,Andrew Caplin,Minjoon Lee,et al. Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-being. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29634.pdf（477KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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