Estimating the Effect of Personality on Male-Female Earnings
نویسندگان
چکیده
This paper uses the Five-Factor Model of personality structure as a comprehensive organizing framework to analyze the effects of personality on earnings. Using data from a longitudinal survey of American high school graduates, we find that extroversion, agreeableness, conscientiousness, neuroticism and openness to experience are rewarded/penalized significantly and differentially across genders. Antagonistic, emotionally stable and open men enjoy substantial earnings advantages over otherwise similar individuals. In case of women, the labor market appears to value conscientiousness and openness to experience. We also find evidence of significant gender differences in personality traits. Decomposition of personality-based earnings differentials into trait and parameter effects suggests that, of the five traits, differences in agreeableness are the most important factor in explaining differences in male-female earnings. JEL Classification: J16, J31
منابع مشابه
Estimating the Effect of Personality on Male and Female Earnings
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