Aspirations, wellbeing, risk-aversion, and loss-aversion
Campbell, Rachel, Koedijk, Kees & Statman, Meir. Does more money always make you happy? This column argues that financial wellbeing is distinct from income. People with low income can enjoy financial wellbeing as high as people with high incomes as long as their aspirations do not exceed their incomes. Πηγή: Voxeu πλήρες κείμενο