TY - JOUR

T1 - The impact of personality traits on wage growth and the gender wage gap

AU - Schäfer, Konrad

AU - Schwiebert, Jörg

N1 - Publisher Copyright: © 2017 Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltd

PY - 2018/1

Y1 - 2018/1

N2 - This paper considers the impact of personality traits on the change of the gender wage gap. Using data from the German Socioeconomic Panel (SOEP), we first explore how personality traits affect wage growth rates. Then, a decomposition analysis is performed to analyse the dynamic effects of personality traits on the change of the gender wage gap over time. Our empirical results indicate that gender differences in conscientiousness and emotional stability lead to a widening of the wage gap over time. By contrast, gender differences in extraversion lead to a narrowing of the wage gap over time.

AB - This paper considers the impact of personality traits on the change of the gender wage gap. Using data from the German Socioeconomic Panel (SOEP), we first explore how personality traits affect wage growth rates. Then, a decomposition analysis is performed to analyse the dynamic effects of personality traits on the change of the gender wage gap over time. Our empirical results indicate that gender differences in conscientiousness and emotional stability lead to a widening of the wage gap over time. By contrast, gender differences in extraversion lead to a narrowing of the wage gap over time.

KW - Management studies

KW - decomposition

KW - gender wage gap

KW - personality traits

KW - wage growth

KW - J16

KW - J31

UR - http://www.scopus.com/inward/record.url?scp=85017476060&partnerID=8YFLogxK

U2 - 10.1111/boer.12115

DO - 10.1111/boer.12115

M3 - Journal articles

VL - 70

SP - 20

EP - 34

JO - Bulletin of Economic Research

JF - Bulletin of Economic Research

SN - 0307-3378

IS - 1

ER -