Streams

Could Your Language Affect Your Ability To Save Money?

Friday, April 04, 2014

Part 2 of the TED Radio Hour episode The Money Paradox.

About Keith Chen's TEDTalk

Behavioral economist Keith Chen says languages that don't have a future tense strongly correlate with higher savings.

About Keith Chen

Keith Chen is an associate professor of economics at the UCLA Anderson School of Management. His most recent research explores how people's economic choices are influenced by the language they speak. Some languages refer to the future using verb helpers like "will" and "shall," while others don't have specific verbs to refer to future actions. Chen correlated these two different language types with remarkably different rates of saving for the future. The paper was published in the American Economic Review.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Source: NPR

Tags:

More in:

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.

Sponsored

About Ted Radio Hour

An idea is the one gift that you can hang onto even after you've given it away. Welcome to TED Radio Hour hosted by Guy Raz – a journey through fascinating ideas: astonishing inventions, fresh approaches to old problems, new ways to think and create.

Feeds

Supported by