A six-country study pinpoints where inheritances stop narrowing wealth gaps and start widening them, then compares those thresholds to each nation's inheritance tax exemptions.
A large online experiment pitted finance professionals against students in a game where one person could take money from 16 victims. Professionals did not rob more, despite widespread beliefs that they would.
A study of 43 countries finds that GDP growth tends to widen inequality, but stronger job protections and equal access to higher education for women can reverse that effect.
A five-country European study finds that broad occupational classes still track closely with wealth and income, though the link is stronger for paychecks than for accumulated assets.
A new study links childhood obesity to sharply lower adult income mobility, using genetic data to separate the effects of weight from family background and neighborhood.
New research on 806 Wall Street executives finds that hedge funds and private equity firms, often built as informal partnerships, are markedly whiter, more male, and more Ivy League than traditional banks.
A new study finds that employees in low-power positions speed up their speech to match fast-talking partners, while those higher up stay consistent regardless of tempo.
A new analysis of Bureau of Labor Statistics data finds that California's $20 fast food minimum wage pushed restaurant prices up 3.3 to 3.6 percent, with implied fast food price hikes of roughly 5 percent.
A new scale measuring belief in "manifestation" finds that about a third of Americans endorse it. Believers feel more successful and optimistic, but show no higher income or education, and take more financial risks.
A systematic review of 120 studies maps what financial literacy programs teach, who they reach, what effects participants report, and where implementation breaks down across diverse global contexts.
Science of Money is part of the PsyPost Media Inc. network.