Does it pay to be nice? Personality and earnings in the UK

Publication type

Research Paper

Series Number

3

Series

LASER Discussion Papers

Author

Publication date

October 1, 2007

Abstract:

There is a small economic literature suggesting that some part of the variation in earnings can be attributed to individuals’ psychological attributes. Using data from the BHPS for the first time, all basic traits from the Five Factor Personality Inventory are employed to examine the relationship between personality traits and wages. The estimates indicate no clear patterns for openness, conscientiousness and extraversion. The results however suggest wage penalties for neuroticism and agreeableness for both male and female workers in the UK, i.e. being nice does not pay.

Subjects

Link

- http://www.laser.uni-erlangen.de/papers.php

Notes

discussion paper


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