Personality and income in Mexico: Supervisor assessments vs. self-assessments

Bonnie J. Palifka

Journal of Economic Psychology, 2009, vol. 30, issue 1, 92-106

Abstract: The effects of personality on earnings are still relatively unknown. Using a unique database, I examine the effects of eleven personality traits on compensation among college graduates in Mexico. With matched employee-supervisor surveys, I show that self-assessments and supervisor assessments of the same traits differ, and estimate the marginal effects of each on compensation. Consistent with previous studies on personality and earnings, regressions using self-assessments reveal Motivation traits to be the strongest predictors of compensation. Using supervisor assessments, however, I find that Openness to Experience has stronger impacts on compensation than does Motivation. The inclusion of supervisor assessments provides important information about how personality influences income directly, a unique feature of this essay.

Keywords: Personality; Income; Self-assessed; traits; Mexico (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:30:y:2009:i:1:p:92-106

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