Fictional Money, Real Costs: Impacts of Financial Salience on Disadvantaged Students
研究发现，当数学考试中涉及金钱主题的题目比例增加时，弱势学生的成绩会显著下降，这揭示了贫困带来的注意力捕获效应如何影响现实中的政策相关结果。
Disadvantaged students perform differentially worse when randomly given a financially salient mathematics exam. For students with socioeconomic indicators below the national median, a 10 percentage point increase in the share of monetary themed questions depresses exam performance by 0.026 standard deviations, about 6 percent of their performance gap. Using question-level data, I confirm the role of financial salience by comparing performance on monetary and highly similar non-monetary questions. Leveraging the randomized ordering of questions, I identify an effect on subsequent questions, providing evidence that the attention capture effects of poverty affect policy relevant outcomes outside of experimental settings.