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Davis-Kean et al. link children's self-perceptions to their math and reading achievement

Yang and Mahajan examine how hurricanes impact migration to the US

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Pamela Smock elected to PAA Committee on Publications

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Mon, Sept 11, 2017, noon:
Welcoming of Postdoctoral Fellows: Angela Bruns, Karra Greenberg, Sarah Seelye and Emily Treleaven

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

a PSC In The News reference, 2014

"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

Researcher:

Matthew D. Shapiro

More Media Coverage:

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

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