Patience goes a long way: Evidence from Spain.

González Chapela, Jorge (2020): Patience goes a long way: Evidence from Spain.

Abstract

This study uses newly available data from the Survey of Financial Competences to investigate whether cross-region migrants in Spain are more patient than individuals who choose to remain in their birth region. The empirical model incorporates predicted probabilities of underreporting and overreporting of the migrant status. Less patient individuals appear to be less likely to be migrants. This result is robust to controlling for a variety of demographic and economic factors, as well as for cognitive ability.

• Item Type: MPRA Paper
• Language: English
• Keywords: Internal migration, time preference, measurement error, probit, Spain.
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C35 - Discrete Regression and Qualitative Choice Models ; Discrete Regressors ; Proportions; J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J60 - General

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