166 Pages Posted: 23 May 2008
Date Written: February 2008
This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest promising avenues for future research.
Keywords: personality traits, lifecycle effects
JEL Classification: I2, J24
Suggested Citation: Suggested Citation
Borghans, Lex and Duckworth, Angela and Heckman, James J. and ter Weel, Bas, The Economics and Psychology of Personality Traits (February 2008). IZA Working Paper No. 3333. Available at SSRN: https://ssrn.com/abstract=1135909 or http://dx.doi.org/10.1111/j.0042-7092.2007.00700.x