Publication type
Journal Article
Author
Publication date
July 1, 2024
Summary:
This meta-analysis examines the relationship between the Big Five personality traits and earnings. The results reveal that openness to experience, conscientiousness, and extraversion exhibit positive correlations with earnings, whereas agreeableness and neuroticism are inversely correlated with earnings. Overall, personality has a modest-to-small effect on earnings, with variations in results depending on econometric models used. Accounting for publication bias, socioeconomic background, and cognitive ability in models affects effect sizes. The findings also underscore the potential for omitted variable bias in the reported personality effects on earnings when relevant factors are omitted from the earnings equation.
Published in
Bulletin of Economic Research
Volume and page numbers
Volume: 76 , p.685 -712
DOI
https://doi.org/10.1111/boer.12437
ISSN
03073378
Subjects
Notes
Open Access
© 2024 The Authors. Bulletin of Economic Research published by Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltd.
This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
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