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Increasing levels of financial inequality prompt questions about the relationship between income and well-being. Using a twins sample from the Survey of Midlife Development in the U. S. and controlling

Increasing levels of financial inequality prompt questions about the relationship between income and well-being. Using a twins sample from the Survey of Midlife Development in the U. S. and controlling for personality as core self-evaluations (CSE), we found that men, but not women, had higher subjective financial well-being (SFWB) when they had higher incomes. This relationship was due to ‘unshared environmental’ factors rather than genes, suggesting that the effect of income on SFWB is driven by unique experiences among men.

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    Date Created
    • 2015-09-29
    Resource Type
  • Text
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    Identifier
    • Digital object identifier: 10.3389/fpsyg.2015.01493
    • Identifier Type
      International standard serial number
      Identifier Value
      1664-1078

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    Zyphur, M. J., Li, W., Zhang, Z., Arvey, R. D., & Barsky, A. P. (2015). Income, personality, and subjective financial well-being: the role of gender in their genetic and environmental relationships. Frontiers in Psychology, 6. doi:10.3389/fpsyg.2015.01493

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