Abstract
A rate of time preferences reflects an individual’s opinion on how to distribute consumption among periods. In this paper we examine various socio-economic factors that are related to the rate of time preferences in Russia. Necessary data are obtained from a survey from the Yuri Levada Analytical Center that was conducted in 2011. Our findings suggest that time preferences of men and women should be analyzed separately in Russia. Such factors as age, income, educational level, the size and structure of a household, marital status and a place of residence have significant impact on the rate of time preferences. However, these socio-economic factors influence the rate of time preferences in different ways for men and women.
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