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#indebtedness — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #indebtedness, aggregated by home.social.

  1. Earn More Tomorrow: #Overconfidence, Income Expectations and Consumer #Indebtedness d.repec.org/n?u=RePEc:diw:diww
    "… participants with higher income expectations initially borrow more. Overconfident participants scale back their consumption after income feedback. However, they remain in higher #debt at the end of the experiment, which has real financial consequences."
    #ExperimentalEcon #BoundedRationality