Money buys financial security and psychological need satisfaction : testing need theory in affluence

@inproceedings{Howell2017MoneyBF,
  title={Money buys financial security and psychological need satisfaction : testing need theory in affluence},
  author={Ryan T. Howell and Mark Kurai and Leona Tam},
  year={2017}
}
The most prominent theory to explain the curvilinear relationship between income and subjective well-being (SWB) is need theory, which proposes that increased income and wealth can lead to increased well-being in poverty because money is used to satisfy basic physiological needs. The present study tests the tenets of need theory by proposing that money can… CONTINUE READING

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