Since the publication of the "Easterlin paradox" in 1974, researchers from around the globe have been trying to prove whether or not a person's net worth correlates with how happy they are. In 2008, Betsey Stevenson and Justin Wolfers found a logarithmic correlation between one's income and life satisfaction. The research duo published a new paper last month to reveal that this correlation has held up through recessions, with people in 25 countries reporting higher life satisfaction with higher pay.
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