IDEAS home Printed from https://ideas.repec.org/p/crm/wpaper/2416.html

Evolving Returns to Personality

Author

Listed:
  • Ramin Izadi

    (VATT Institute for Economic Research and Helsinki GSE)

  • Joonas Tuhkuri

    (Stockholm University)

Abstract

We analyze trends in labor-market returns to psychological traits using data from half a million Finnish men from 2001 to 2015. Cognitive skills’ value declined, while noncognitive skills’ value increased. Our novel findings show that extraversion drives this rise, while conscientiousness remains stable. Extraversion’s rising returns are most pronounced for lower earners and those on the employment margin. These traits predict different labor market paths: extraversion predicts lower education and more work experience, while cognitive ability and conscientiousness lead to higher education and high-paying jobs

Suggested Citation

  • Ramin Izadi & Joonas Tuhkuri, 2024. "Evolving Returns to Personality," RFBerlin Discussion Paper Series 2416, ROCKWOOL Foundation Berlin (RFBerlin).
    • Handle: RePEc:crm:wpaper:2416
    as

    Download full text from publisher

    File URL: https://www.cream-migration.org/publ_uploads/24015.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Uwe Jirjahn & Martha Ottenbacher, 2025. "The Impact of Personality Traits on Sexual Satisfaction and Frequency of Sex: Does It Differ between Single and Partnered Individuals?," Research Papers in Economics 2025-13, University of Trier, Department of Economics.
    2. Ludger Woessmann, 2024. "Skills and Earnings: A Multidimensional Perspective on Human Capital," Rationality and Competition Discussion Paper Series 514, CRC TRR 190 Rationality and Competition.
    3. David J. Deming & Mikko I. Silliman, 2024. "Skills and Human Capital in the Labor Market," NBER Working Papers 32908, National Bureau of Economic Research, Inc.
    4. Steffen Peters & Kieron J. Barclay & Monika A. Mynarska & Mikko Myrskylä, 2025. "Consistent patterns across birth parities? Psychological measures and birth parity transitions among Swedish men," MPIDR Working Papers WP-2025-007, Max Planck Institute for Demographic Research, Rostock, Germany.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:crm:wpaper:2416. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Moritz Lubczyk or Matthew Nibloe (email available below). General contact details of provider: https://edirc.repec.org/data/cmucluk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.