Posts Tagged ‘savings rates’

  • saving for a rainy day

    Behavioral Economics: Your Language Might Influence Your Savings

    Sep 22, 13 • 679 Views • Behavioral Economics, Households, Lifestyle, Macroeconomic Measurement, Money and Monetary Policy, Thinking EconomicallyNo Comments

    While in English we say, “It will rain tomorrow,” someone speaking in German states, “It rains tomorrow.” According to UCLA economist Keith Chen, because their language makes the future feel closer, Germans deal with it more