Arbeitspapier

Are Personality Traits Really Fixed and Does It Matter?

A nascent but burgeoning literature examines the importance of non-cognitive skills in determining success across many facets of life. The majority of these papers treat these skills as fixed traits for adults. We estimate the impact of a number of life events on the Big Five personality traits and locus of control. A subset of life events have large impacts on these non-cognitive skills, especially on locus of control. For some events, these impacts persist in the medium-run. We then demonstrate that treating personality traits as fixed can lead to biased estimates of their relationship with socioeconomic outcomes.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 13342

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Methodological Issues: General
Subject
personality
non-cognitive skills
life events
fixed

Event
Geistige Schöpfung
(who)
Stillman, Steven
Velamuri, Malathi
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2020

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Stillman, Steven
  • Velamuri, Malathi
  • Institute of Labor Economics (IZA)

Time of origin

  • 2020

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