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.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 8359

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

Ereignis
Geistige Schöpfung
(wer)
Stillman, Steven
Velamuri, Malathi
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and Ifo Institute (CESifo)
(wo)
Munich
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stillman, Steven
  • Velamuri, Malathi
  • Center for Economic Studies and Ifo Institute (CESifo)

Entstanden

  • 2020

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