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MORE money does not lead to more sex, economic researchers concluded in a study released by a major US economic institute.
The study by David Blanchflower of Dartmouth University and Andrew Oswald of Britain's Warwick University focused on the "still relatively unexplored links between income, sexual activity and well-being", the economists wrote.
The study was published last month as a working paper by the National Bureau of Economic Research, which is better known for its determination of recessions and US business cycles.
The researchers, who based the report on a survey of 16,000 Americans, said the effort was part of an "emerging branch of economics" aimed at determining "the empirical determinants of happiness".
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