Investors Happy in the Purse, But Ready to Burst

People with money may not think as many things are funny. That’s according to a recent study published in a leading economic journal by two-University of Texas economists.

Stress is more prevalent among people who work, the study says, but the same goes for people with money. The objective was to find out whether couples in developed nations are really as busy as they say they are, or rather just more apt to complain.

The study, published by the National Bureau of Economic Research by economists Daniel Hamermesh and Jungmin Lee, found that wealthy people are guilty of overly complaining or "yuppie kvetching," according to a Wall Street Journal report.

The study also found that women in the workplace are most likely to perceive they were under stress. It did not offer reasons for the trends.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING