PSC In The News
Bailey and Dynarski cited in piece on why quality education should be a "civil and moral right"
Kalousova and Burgard find credit card debt increases likelihood of foregoing medical care
Highlights
Arline Geronimus wins Excellence in Research Award from School of Public Health
Yu Xie to give DBASSE's David Lecture April 30, 2013 on "Is American Science in Decline?"
U-M grad programs do well in latest USN&WR "Best" rankings
Sheldon Danziger named president of Russell Sage Foundation
Back in September
Follow us Financial Decision Making and Cognition in a Family Context
Smith, James P., John J. McArdle, and Robert Willis. 2010. "Financial Decision Making and Cognition in a Family Context." Economic Journal, 120(548): F363-F380.
In this article, we study the association of cognitive traits and, in particular, numeracy of both spouses on financial outcomes of the family. We find significant effects, particularly for numeracy for financial and non-financial respondents alike, but much larger effects for the financial decision maker in the family. We also examine who makes these financial decisions in the family and why. Once again, cognitive traits such as numeracy are an important component of that decision with larger effects of numeracy for husbands compared to wives.
DOI:10.1111/j.1468-0297.2010.02394.x (Full Text)
PMCID: PMC2992344. (Pub Med Central)
Country of focus: United States.
Browse | Search : All Pubs | Next