Poverty and Economic Decision-Making: Evidence from Changes in Financial Resources at Payday.

Abstract

We study the effect of financial resources on decision-making. Low-income U.S. households are randomly assigned to receive an online survey before or after payday. The survey collects measures of cognitive function and administers risk and intertemporal choice tasks. The study design generates variation in cash, checking and savings balances, and… (More)
DOI: 10.1257/aer.20140481

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@article{Carvalho2016PovertyAE, title={Poverty and Economic Decision-Making: Evidence from Changes in Financial Resources at Payday.}, author={Leandro S. G. de Carvalho and Stephan Meier and Stephanie W. Wang}, journal={The American economic review}, year={2016}, volume={106 2}, pages={260-284} }