Is Patience Malleable Via Educational Intervention? Evidence from Field Experiments

57 Pages Posted: 18 Nov 2022

See all articles by Tim Kaiser

Tim Kaiser

University of Kaiserslautern-Landau (RPTU); IZA Institute of Labor Economics

Lukas Menkhoff

Humboldt-Universität zu Berlin; Kiel Institute for the World Economy; German Institute for Economic Research (DIW Berlin)

Luis Oberrauch

University of Tuebingen

Date Written: 2022

Abstract

We study the malleability of patience via educational interventions by aggregating evidence from earlier experiments in a meta-analysis and by conducting a field experiment. We find that the average effect of interventions on patience is positive but uncertain. The age of students explains a large share of between-study heterogeneity in treatment effects. Thus, we conduct a field experiment covering both youths and adults in Uganda. We find heterogenous effects by age: adults’ patience measured in incentivized tasks is unaffected by the intervention after 15 months follow-up, but we observe large effects on patience and estimated discount factors for youth.

Keywords: patience, time preferences, malleability, field experiment, educational intervention

JEL Classification: C930, D150, I210

Suggested Citation

Kaiser, Tim and Menkhoff, Lukas and Oberrauch, Luis, Is Patience Malleable Via Educational Intervention? Evidence from Field Experiments (2022). CESifo Working Paper No. 10080, Available at SSRN: https://ssrn.com/abstract=4279168 or http://dx.doi.org/10.2139/ssrn.4279168

Tim Kaiser (Contact Author)

University of Kaiserslautern-Landau (RPTU) ( email )

Kaiserslautern
Germany

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Lukas Menkhoff

Humboldt-Universität zu Berlin ( email )

Humboldt Universität
Unter den Linden 6
Berlin, 10099
Germany

Kiel Institute for the World Economy ( email )

P.O. Box 4309
Kiel, Schleswig-Hosltein D-24100
Germany

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

Luis Oberrauch

University of Tuebingen ( email )

Wilhelmstr. 19
72074 Tuebingen, Baden Wuerttemberg 72074
Germany

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