Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities

 

 

 

BIS Working Papers

No 640

Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities

by Gianpaolo Parise and Kim Peijnenburg

 

Monetary and Economic Department

May 2017

 

JEL classification: D10; D14; G02

Keywords: Noncognitive abilities, financial distress, financial choices, saving, unsecured debt, behavioral finance, psychology and economics

 

BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published by the Bank. The papers are on subjects of topical interest and are technical in character. The views expressed in them are those of their authors and not necessarily the views of the BIS.

 

This publication is available on the BIS website (www.bis.org).

 

©    Bank for International Settlements 2017. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated.

 

ISSN 1020-0959 (print)

ISSN 1682-7678 (online)

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