15/12/2022

Social ties can increase salary for low-wage workers

Low-wage jobs—when are they stepping-stones towards a successful career and when do they become traps? A new study from Umeå University investigated when transitions from low-wage to better-paid jobs are more likely, and ...

Happy people spend less on consumption, study suggests

Psychology and economics can contribute to a better understanding of consumer behavior. While purchasing power depends on real income and wealth, willingness stems from the consumers' confidence and expectations about national ...

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