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

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Authors

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.
Original languageEnglish
JournalBulletin of Economic Research
Volume70
Issue number1
Pages (from-to)20-34
Number of pages15
ISSN0307-3378
DOIs
Publication statusPublished - 01.2018

Bibliographical note

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

    Research areas

  • Management studies - decomposition, gender wage gap, personality traits, wage growth, J16, J31

DOI