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Edin and Shaefer's book a call to action for Americans to deal with poverty

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Weitzman says China's one-child policy has had devastating effects on first-born daughters


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PSC News, fall 2015 now available

Barbara Anderson appointed chair of Census Scientific Advisory Committee

John Knodel honored by Thailand's Chulalongkorn University

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Monday, Dec 7 at noon, 6050 ISR-Thompson
Daniel Eisenberg, "Healthy Minds Network: Mental Health among College-Age Populations"

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Shapiro says Americans' seemingly volatile spending pattern linked to 'sensible cash management'

a PSC In The News reference

"Even Finance-Conscious Consumers Spend Swiftly After Payday" - Wall Street Journal. 07/10/2014.

Using data mined from a smart phone app that tracks account balances (Check), Matthew Shapiro and colleagues found that Americans' tendency to steeply increase spending after the receipt of anticipated income (pay or benefits checks) can be mostly accounted for by their payment of regularly recurring bills rather than shopping splurges. Shapiro says: "That's not irrational. That's sensible cash management." They also found, however, that individuals with less cash in their bank accounts increased their spending more after receiving a payment than did folks with more money in the bank.

Related journal article


Matthew D. Shapiro

More Media Coverage:

Science Magazine. Surprise, surprise: Americans hold on to their paychecks. 7/10/2014.

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