id author title date pages extension mime words sentences flesch summary cache txt work_ve647atpqfhl5dcjsdlgm72utm Tim Friehe Time preferences and political regimes: evidence from reunified Germany 2019 47 .pdf application/pdf 19386 4339 75 significantly less pronounced present bias when compared to former residents of the Federal Republic of Germany, whereas measures of patience are statistically indistinguishable. Keywords: Time preferences; Political regime; Germany; Natural experiment; SOEP bias and patience using our experimentally validated survey measures, via reference to the wellestablished (β,δ) model as a parsimonious representation of time preferences that accounts considers risk preferences of former GDR and FRG citizens, and concludes that East Germans In our robustness checks, we thus seek to test whether the GDR treatment effect also shows up in selected personality traits which are related to time preferences. Our findings on the influence of the GDR's socialist regime on time preferences are presented Table 3: Time Preferences and GDR: Ordinary Least Squares Regressions direct effect of the GDR's political regime on present bias given the years of unemployment. Measurement Of Time Preferences In Section 3.1, we documented that present bias ./cache/work_ve647atpqfhl5dcjsdlgm72utm.pdf ./txt/work_ve647atpqfhl5dcjsdlgm72utm.txt