Table 4.
Dependent Variable | ||||||
---|---|---|---|---|---|---|
| ||||||
Log Earnings (1a) | Log Earnings (1b) | % Diff | College degree (2a) | College degree (2b) | % Diff | |
|
||||||
Extraversion | 0.050*** (0.014) |
0.048*** (0.014) |
−4 | −0.018*** (0.004) |
−0.020*** (0.004) |
8.7 |
Neuroticism | −0.086*** (0.017) |
−0.074*** (0.016) |
−14 | −0.042*** (0.004) |
−0.031*** (0.004) |
26** |
Agreeableness | 0.014 (0.019) |
0.009 (0.018) |
−35.7 | 0.042*** (0.005) |
0.042*** (0.005) |
1.7 |
Conscientious. | 0.042*** (0.015) |
0.023 (0.015) |
−45.2** | 0.022*** (0.004) |
0.013*** (0.004) |
38.4** |
Openness | −0.026 (0.017) |
−0.029* (0.016) |
11.5 | 0.030*** (0.004) |
0.031*** (0.004) |
1.4 |
Family Background and Cognitive Ability | Yes | Yes | Yes | Yes | ||
Childhood health and maltreatment | No | Yes | No | Yes | ||
Observations | 8,195 | 8,195 | 10,693 | 10,693 | ||
R-squared | 0.106 | 0.134 | 0.2174 | 0.2404 |
Note: All models control for the full set of family background variables and cognitive ability as in Fletcher (2013) for earnings and in Lundberg (2013) for the probability to obtain a college degree. Outcomes and personality are measured in Wave 4. Models (1a) and (1b) are estimated with ordinary least squares. Models (2a) and (b) are estimated with a linear probability model.
p<0.01,
p<0.05,
p<0.1.