The Stability of Big-Five Personality Traits
AbstractWe use a large, nationally-representative sample of working-age adults to demonstrate that personality (as measured by the Big Five) is stable over a four-year period. Average personality changes are small and do not vary substantially across age groups. Intra-individual personality change is generally unrelated to experiencing adverse life events and is unlikely to be economically meaningful. Like other non-cognitive traits, personality can be modeled as a stable input into many economic decisions.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5943.
Length: 13 pages
Date of creation: Aug 2011
Date of revision:
Publication status: published in: Economics Letters, 2012, 115 (1), 11-15
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Other versions of this item:
- Deborah Cobb-Clark & Stefanie Schurer, 2011. "The Stability of Big-Five Personality Traits," Melbourne Institute Working Paper Series wp2011n21, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
- Cobb-Clark, Deborah & Schurer, Stefanie, 2011. "The stability of big-five personality traits," Working Paper Series 1834, Victoria University of Wellington, School of Economics and Finance.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-05 (All new papers)
- NEP-CBE-2011-09-05 (Cognitive & Behavioural Economics)
- NEP-EVO-2011-09-05 (Evolutionary Economics)
- NEP-NEU-2011-09-05 (Neuroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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IZA Discussion Papers
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- Deborah Cobb-Clark & Stefanie Schurer, 2011. "Two Economists' Musings on the Stability of Locus of Control," Melbourne Institute Working Paper Series wp2011n09, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
- Nyhus, Ellen K. & Pons, Empar, 2005. "The effects of personality on earnings," Journal of Economic Psychology, Elsevier, vol. 26(3), pages 363-384, June.
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