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Direct linkAnil, Bulent; Jordan, Jeffrey L.; Zahirovic-Herbert, Velma – Urban Education, 2011
The study demonstrates a direct link between housing uncertainty and children's time preferences, or patience. We show that students who face housing uncertainties through mortgage foreclosures and eviction learn impatient behavior and are therefore at greater risk of making poor intertemporal choices such as dropping out of school. We find that…
Descriptors: Housing, Self Control, Reliability, Debt (Financial)
