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Who gets ahead in life? Personality traits and childhood background in economic success

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  • Kajonius, Petri J.
  • Carlander, Anders

Abstract

In many societies around the world, the ideal is that anyone can achieve a successful life independent of family background. An indication of such social mobility could be that personality characteristics have stronger impact than childhood background on economic success. The present study investigated how much of life outcomes (i.e., educational attainment, annual income, and life outcome satisfaction) were accounted for by adult personality traits (the Big Five), when controlled for childhood socio-economic status (SES). The results from a large, representative Swedish sample (N=5280) showed that personality traits (especially neuroticism) were associated as much as or more than childhood SES to annual income and life outcome satisfaction, whereas childhood SES related more to educational attainment. These results may help facilitate our understanding of the mechanisms behind individual economic success.

Suggested Citation

  • Kajonius, Petri J. & Carlander, Anders, 2017. "Who gets ahead in life? Personality traits and childhood background in economic success," Journal of Economic Psychology, Elsevier, vol. 59(C), pages 164-170.
    • Handle: RePEc:eee:joepsy:v:59:y:2017:i:c:p:164-170
    DOI: 10.1016/j.joep.2017.03.004
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    References listed on IDEAS

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    7. Michal Brzezinski, 2017. "Childhood circumstances, personality traits and adult-life economic outcomes in developing countries: Evidence from STEP," IBS Working Papers 05/2017, Instytut Badan Strukturalnych.
    8. Rohde, Nicholas & Trivedi, Pravin & Tang, K.K. & Rao, Prasada, 2023. "Cognitive and non-cognitive traits and the intergenerational transmission of socioeconomic inequality," Journal of Economic Psychology, Elsevier, vol. 97(C).
    9. Anna Bussu & Dimitri Paolini & Manuela Pulina & Giuseppe Zanzurino, 2023. "From Choice to Performance in Secondary Schools: Evidence from a Disadvantaged Setting in Italy," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 529-555, July.
    10. Silvan Has & Jake Anders & John Jerrim & Nikki Shure, 2021. "Educational expectations of UK teenagers and the role of socio-economic status and economic preferences," CEPEO Working Paper Series 21-11, UCL Centre for Education Policy and Equalising Opportunities, revised Dec 2021.

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