Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/222111 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
Discussion Paper No. 214
Verlag: 
Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition, München und Berlin
Zusammenfassung: 
Despite the importance for socio-economic outcomes, there is an ongoing debate about the stability of personality traits over the life cycle. By disentangling age, period and cohort influences on personality traits, this paper adds to the existing empirical contributions, which often focus on age patterns and disregard cohort and period influences. We present the results from systematic specification tests that provide novel evidence for the separability of age, period, and cohort effects in almost all personality traits. Our estimates also document that for different cohorts, the evolution of personality traits across the life-cycle follows a stable, though non-constant, age-profile, while there are sizeable differences across time periods
Schlagwörter: 
Big Five personality traits
Locus of Control
Risk attitudes
age-periodcohort decomposition
life cycle
JEL: 
D8
J1
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
911.43 kB





Publikationen in EconStor sind urheberrechtlich geschützt.