Personality Traits, Intra-household Allocation and the Gender Wage Gap
Christopher Flinn (),
Petra Todd () and
Weilong Zhang ()
Additional contact information
Petra Todd: University of Pennsylvania
Weilong Zhang: University of Pennsylvania
No 2017-029, Working Papers from Human Capital and Economic Opportunity Working Group
A model of how personality traits affect household time and resource allocation decisions and wages is developed and estimated. In the model, households choose between two modes of behavior: cooperative or noncooperative. Spouses receive wage offers and allocate time to supplying labor market hours and to producing a public good. Personality traits, measured by the so-called Big Five traits, can affect household bargaining weights and wage offers. Model parameters are estimated by Simulated Method of Moments using the Household Income and Labor Dynamics in Australia (HILDA) data. Personality traits are found to be important determinants of household bargaining weights and of wage offers and to have substantial implications for understanding the sources of gender wage disparities.
Keywords: gender wage differentials; personality and economics outcomes; household bargaining; Time Allocation (search for similar items in EconPapers)
JEL-codes: D10 J12 J16 J22 J31 J71 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gen, nep-lab and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://humcap.uchicago.edu/RePEc/hka/wpaper/Flinn_ ... ation-gender-gap.pdf First version, February 15, 2017 (application/pdf)
Journal Article: Personality traits, intra-household allocation and the gender wage gap (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hka:wpaper:2017-029
Access Statistics for this paper
More papers in Working Papers from Human Capital and Economic Opportunity Working Group Contact information at EDIRC.
Bibliographic data for series maintained by Jennifer Pachon ().