2013
DOI: 10.1126/science.1246680
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Comment on “Poverty Impedes Cognitive Function”

Abstract: Mani et al. (Research Articles, 30 August, p. 976) presented laboratory experiments that aimed to show that poverty-related worries impede cognitive functioning. A reanalysis without dichotomization of income fails to corroborate their findings and highlights spurious interactions between income and experimental manipulation due to ceiling effects caused by short and easy tests. This suggests that effects of financial worries are not limited to the poor. (1) recently presented four laboratory experiments and … Show more

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Cited by 36 publications
(27 citation statements)
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“…We also examined the data by treating the poverty index as a continuous variable in a hierarchical regression analysis (Wicherts & Scholten, ). The poverty index and the financial reminding manipulation (control condition = 0, reminding condition = 1) were entered in the first step, and their interaction term was entered in the second step.…”
Section: Resultsmentioning
confidence: 99%
“…We also examined the data by treating the poverty index as a continuous variable in a hierarchical regression analysis (Wicherts & Scholten, ). The poverty index and the financial reminding manipulation (control condition = 0, reminding condition = 1) were entered in the first step, and their interaction term was entered in the second step.…”
Section: Resultsmentioning
confidence: 99%
“…Although there has been some debate about the degree to which temporary financial constraints reduce cognitive performance (e.g., Carvalho, Meier, & Wang, 2016;Wicherts & Scholten, 2013), temporary financial constraints seem to induce a present bias among consumers. Specifically, when comparing the behavior of low income consumers before versus after payday, the before-payday group favored receiving money sooner when making intertemporal choices about monetary rewards (Carvalho et al, 2016).…”
Section: Stress and Anxiety Feeling Lack Of Controlmentioning
confidence: 99%
“…The next issue of Science printed a criticism of those findings by Wicherts and Scholten (2013). They reported that when the dichotomized indicators were replaced by the original continuous variables, the critical interactions were not significant at p < .05 in any of the three core studies: p values were .084, .323, and .164.…”
Section: The Statistical Case Against Median Splits In a Nutshellmentioning
confidence: 99%