Rates of time preference (RTPs) of rural households in Indonesia, Zambia and Ethiopia have been measured using hypothetical questions about preferences for current versus future consumption. In general, the rates were found to be very high. Factors influencing or correlated with the personal rates of time preference were investi- Gated through regression methods. OLS was the technique sued in the estimation. Market imperfections, particularly in credit and insurance markets lead to variation in RTPs.
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