Arbeitspapier

Explaining personality pay gaps in the UK

Using the British Household Panel Survey we examine how the Big Five personality traits openness to experience, conscientiousness, extroversion, agreeableness, and neuroticism affect wages. We estimate mean and quantile pay gaps between people with low and high levels of each of the Big Five, and decompose these pay gaps in the part explained by differences in workers characteristics and in the residual unexplained part. We find that openness to experience is the most relevant personality trait followed by neuroticism, agreeableness and extroversion. Openness and extroversion are rewarded while agreeableness and neuroticism are penalized.

Language
Englisch

Bibliographic citation
Series: ISER Working Paper Series ; No. 2009-22

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Nandi, Alita
Nicoletti, Cheti
Event
Veröffentlichung
(who)
University of Essex, Institute for Social and Economic Research (ISER)
(where)
Colchester
(when)
2009

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Nandi, Alita
  • Nicoletti, Cheti
  • University of Essex, Institute for Social and Economic Research (ISER)

Time of origin

  • 2009

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