Abstract
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.
Download full-text PDF |
Link | Source |
|---|---|---|
| Download Source 1 | https://pubs.aeaweb.org/doi/10.1257/aer.103.2.690 | Web Search |
| Download Source 2 | http://dx.doi.org/10.1257/aer.103.2.690 | DOI Listing |
Publication Analysis
Top Keywords
intertemporal choice
8
language economic
4
economic behavior
4
behavior evidence
4
evidence savings
4
savings rates
4
rates health
4
health behaviors
4
behaviors retirement
4
retirement assets
4