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Wealth is far from being a homogeneous and monolithic concept. Wealth can be positive or negative (e.g. assets versus debts), more or less accessible (e.g. bank accounts versus housing wealth), and more or less time-constrained (e.g. cars versus bonds and mutual funds). These different forms of...
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With growing wealth inequality in the United States, understanding the implications on individual well-being becomes increasingly important. Prior research has found that economic well-being has a small but significant effect on well-being; however, much of the literature has used income as a...
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