U-M researchers say money can buy happiness - FOX 10 News | myfoxphoenix.com

U-M researchers say money can buy happiness

Posted: Updated:
(WJBK) -

Who says money can't buy you happiness?

New research by University of Michigan economists Betsey Stevenson and Justin Wolfers found the more money you make, the happier you are.

The researchers found that a happiness threshold doesn't exist and that for rich and poor, when income rises, people tend to say they are happier.

Read more about their findings, to be published in the May 2013 American Economic Review, Papers and Proceedings, here.

Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices