New study conducted by Wharton professor shows higher payment frequency leads to higher spending and higher rates of overdraft

Subscribe wherever you listen to your podcasts.

Wendy De La Rosa, Assistant Professor of Marketing at the Wharton School, talks about her new research that shows workers who are paid daily and access their wages on demand often develop a false sense of wealth and spend more.

 

 

Comments

New This Week

AI Stocks, Oil Prices, and the Fed’s Next Move
Podcast

AI Stocks, Oil Prices, and the Fed’s Next Move

May 29, 202612 min listen

Jeremy Siegel discusses surging AI-driven markets, inflation pressures tied to global conflict, and what new Federal Reserve leadership could mean for interest rates.

Federal Reserve Leadership Transition Amid Economic and Political Pressures
Podcast

Federal Reserve Leadership Transition Amid Economic and Political Pressures

May 27, 202611 min listen

Former Federal Reserve Bank president discusses Jerome Powell’s leadership during crises, the importance of Fed independence, and what to expect from the incoming chair.

How Baseball Analytics Is Reshaping Hall of Fame Conversations
Podcast

How Baseball Analytics Is Reshaping Hall of Fame Conversations

May 27, 20261 hr 1 min listen

Leading baseball analyst discusses MLB season storylines, Hall of Fame evaluation, WAR metrics, and the evolving role of pitching analytics.