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Inequality in Personality over the Life Cycle

Miriam Gensowski (), Mette Gørtz () and Stefanie Schurer ()
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Miriam Gensowski: University of Copenhagen
Stefanie Schurer: University of Sydney

No 13378, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We describe gender and socioeconomic inequalities in the Big Five personality traits over the life cycle, using a facet-level inventory linked to administrative data. We estimate life-cycle profiles non-parametrically and test for cohort and sample-selection effects. We discuss the economic implications of the following findings: Women of all ages score more highly than men on all personality traits, including three that are positively associated with wages; Individuals with high own or parental education have more favorable traits except Conscientiousness; Over the life cycle, gender and socioeconomic gaps widen in Openness and shrink in Neuroticism, a trait associated with worse outcomes.

Keywords: inequality; socio-emotional skills; personality traits; Big Five facets; life cycle dynamics; gender gap; intergenerational transmission (search for similar items in EconPapers)
JEL-codes: J24 I24 J62 I31 J16 (search for similar items in EconPapers)
Pages: 59 pages
Date: 2020-06
New Economics Papers: this item is included in nep-lab, nep-ltv and nep-neu
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