论文标题
跨期消费和债务厌恶：复制和扩展
Intertemporal Consumption and Debt Aversion: A Replication and Extension
论文作者
论文摘要
我们复制了Meissner（2016），其中首次报道了跨期消费和节省问题的债务。 Meissner（2016）使用德国样本，而我们的参与者是我们的本科生。所有原始研究的主要发现都以相似的效果大小复制。此外，我们通过引入一个新的债务厌恶指数来扩展原始分析，我们用来比较各国之间的债务厌恶。有趣的是，我们发现原始德国和新的美国样本之间的债务厌恶没有显着差异。然后，我们测试债务厌恶是否与性别，认知反射能力和风险规避等个体特征相关。总体而言，本文证实了债务厌恶在跨期消费和节省问题中的重要性，并验证了Meissner（2016）的方法。
We replicate Meissner (2016), where debt aversion was reported for the first time in an intertemporal consumption and saving problem. While Meissner (2016) uses a German sample, our participants are US undergraduate students. All of the original study's main findings replicate with similar effect sizes. Additionally, we extend the original analysis by introducing a new individual index of debt aversion, which we use to compare debt aversion across countries. Interestingly, we find no significant differences in debt aversion between the original German and the new US sample. We then test whether debt aversion correlates with individual characteristics such as gender, cognitive reflection ability, and risk aversion. Overall, this paper confirms the importance of debt aversion in intertemporal consumption and saving problems and validates the approach of Meissner (2016).
