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Download full textEric A. Hanushek; Lavinia Kinne; Philipp Lergetporer; Ludger Woessmann – Annenberg Institute for School Reform at Brown University, 2020
Patience and risk-taking -- two cultural traits that steer intertemporal decision-making -- are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find that opposing effects of patience (positive) and…
Descriptors: Academic Achievement, Cultural Traits, Risk, Cross Cultural Studies
