income

>Tag: income

Study Says America’s Income Gap Widest Since Great Depression

Figures by an international group of university economists, and it hasn't been so wide since 1928. The incomes of the very wealthiest 1 percent of Americans increased by 31.4 percent from 2009 to 2012. By contrast, the bottom 99 percent saw their earnings in the same period go up by just 0.4 percent. In 2012, [...]

How parents see themselves may affect their child’s brain and stress level

A mother's perceived social status predicts her child's brain development and stress indicators, finds a study at Boston Children's Hospital. While previous studies going back to the 1950s have linked objective socioeconomic factors -- such as parental income or education -- to child health, achievement and brain function, the new study is the first to [...]

Yes, Money Does Buy Happiness: 6 Lessons from the Newest Research on Income and Well-Being

The classic economic story about money and well-being goes something like this. Money buys happiness, sure, but only up to a point. Once basic needs are taken care of, extra money has diminishing (or non-existent) returns. Perhaps richer people use their money to move to richer areas, where they no longer feel rich. Perhaps relative [...]