The Stability of Big-Five Personality Traits

13 Pages Posted: 30 Aug 2011

See all articles by Deborah A. Cobb-Clark

Deborah A. Cobb-Clark

School of Economics, University of Sydney; IZA Institute of Labor Economics

Stefanie Schurer

Victoria University of Wellington - School of Economics and Finance

Multiple version iconThere are 2 versions of this paper

Date Written: August 1, 2011

Abstract

We use a large, nationally-representative sample of working-age adults to demonstrate that personality (as measured by the Big Five) is stable over a four-year period. Average personality changes are small and do not vary substantially across age groups. Intra-individual personality change is generally unrelated to experiencing adverse life events and is unlikely to be economically meaningful. Like other non-cognitive traits, personality can be modeled as a stable input into many economic decisions.

Keywords: non-cognitive skills, Big-Five personality traits, stability

JEL Classification: J24, C18

Suggested Citation

Cobb-Clark, Deborah A. and Schurer, Stefanie, The Stability of Big-Five Personality Traits (August 1, 2011). Melbourne Institute Working Paper No. 21/11. Available at SSRN: https://ssrn.com/abstract=1919414 or http://dx.doi.org/10.2139/ssrn.1919414

Deborah A. Cobb-Clark

School of Economics, University of Sydney ( email )

606 Social Sciences Bldg. (A02)
The University of Sydney
Sydney, NSW 2006
Australia
61435061387 (Phone)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Stefanie Schurer (Contact Author)

Victoria University of Wellington - School of Economics and Finance ( email )

P.O. Box 600
Wellington 6001
New Zealand
+64-4-4636708 (Phone)

HOME PAGE: http://www.victoria.ac.nz/sef/staff/stefanie-schurer.aspx

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