NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Saving and Dissaving with Hyperbolic Discounting

Dan Cao, Iván Werning

NBER Working Paper No. 24257
Issued in January 2018

---- Acknowledgments ----

For useful comments and suggestions, we thank the co-editor and four anonymous referees. We also appreciate conversations with Jinhui Bai, Satyajit Chatterjee, Behzad Diba, Per Krusell, Roger Lagunoff, John Rust, Tony Smith, Pierre Yared, Andrea Wilson, as well as seminar and conference participants. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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