When Does Money Make Money More Important? Survey and Experimental Evidence

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Sanford E. DeVoe; Jeffrey Pfeffer; Byron Y. Lee;
  • Journal: ILR Review,volume 66,issue 5 October,pages1,078-1,096
  • Subject:
    mesheuropmc: health care economics and organizations

The authors investigate how the amount and source of income affects the importance placed on money. Using a longitudinal analysis of the British Household Panel Survey and evidence from two laboratory experiments, they found that larger amounts of money received for lab... View more
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