NDLI: Estimating the effect of personality on male-female earnings

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Estimating the effect of personality on male-female earnings

Content Provider	Library of Congress - Books/Printed Material
Author	Mueller, Gerrit. Plug, Erik
Spatial Coverage	United States
Temporal Coverage	2004
Abstract	"This paper uses the Five-Factor Model of personality structure as an organizing framework to explore 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. The positive returns to openness are very similar across genders, suggesting that being creative, unconventional and artistic is equally important for men and women working in all types of occupations. Moreover, we find significant gender differences in personality characteristics. Decomposition of personality-based earnings differentials into trait and parameter effects suggests that gender-atypical traits reduce the earnings advantage that individuals would otherwise enjoy under their own-sex wage structure. Overall, we find that the impact of personality on earnings is significant but not large -- not trivial either -- and comparable to the impact of differences in cognitive ability"--Forschungsinstitut zur Zukunft der Arbeit web site.
Language	English
Publisher	IZA,
Publisher Place	Bonn, Germany
Part of Series	Catalog
Requires	HTML5 supported browser
Access Restriction	Open
Subject Keyword	Employees Psychology Sex Differences United States Wages
Subject Domain (in LCSH)	Wages--Sex differences--United States
Subject Domain (in LCSH)	Employees--United States--Psychology
Subject Domain (in LCC)	HD5701
Content Type	Text
Resource Type	Book

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