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Does Money Change Who You Are? Quasi-Experimental Evidence on the Effects of Wage Increases on Personality

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  • Ayaita, Adam

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  • Ayaita, Adam, 2022. "Does Money Change Who You Are? Quasi-Experimental Evidence on the Effects of Wage Increases on Personality," EconStor Preprints 256931, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esprep:256931
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    7. Boyce, Christopher J. & Wood, Alex M., 2011. "Personality and the marginal utility of income: Personality interacts with increases in household income to determine life satisfaction," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 183-191, April.
    8. Caliendo Marco & Wittbrodt Linda & Schröder Carsten, 2019. "The Causal Effects of the Minimum Wage Introduction in Germany – An Overview," German Economic Review, De Gruyter, vol. 20(3), pages 257-292, August.
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    16. Mark B. Stewart & Joanna K. Swaffield, 2008. "The Other Margin: Do Minimum Wages Cause Working Hours Adjustments for Low‐Wage Workers?," Economica, London School of Economics and Political Science, vol. 75(297), pages 148-167, February.
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    20. Sule Alan & Ceren Baysan & Mert Gumren & Elif Kubilay, 2021. "Building Social Cohesion in Ethnically Mixed Schools: An Intervention on Perspective Taking," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(4), pages 2147-2194.
    21. Almlund, Mathilde & Duckworth, Angela Lee & Heckman, James & Kautz, Tim, 2011. "Personality Psychology and Economics," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 1-181, Elsevier.
    22. Mario Bossler & Sandra Broszeit, 2017. "Do minimum wages increase job satisfaction? Micro-data evidence from the new German minimum wage," LABOUR, CEIS, vol. 31(4), pages 480-493, December.
    23. Christopher J. Boyce & Alex M. Wood, 2011. "Personality and the marginal utility of income: Personality interacts with increases in household income to determine life satisfaction," PSE-Ecole d'économie de Paris (Postprint) halshs-00754542, HAL.
    24. Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, July.
    25. Filiz Gülal & Adam Ayaita, 2020. "The Impact of Minimum Wages on Well-Being: Evidence from a Quasi-experiment in Germany," Journal of Happiness Studies, Springer, vol. 21(7), pages 2669-2692, October.
    26. Sule Alan & Teodora Boneva & Seda Ertac, 2019. "Ever Failed, Try Again, Succeed Better: Results from a Randomized Educational Intervention on Grit," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(3), pages 1121-1162.
    27. Susanne M. Syrén & Katja Kokko & Lea Pulkkinen & Jaakko Pehkonen, 2020. "Income and Mental Well-Being: Personality Traits as Moderators," Journal of Happiness Studies, Springer, vol. 21(2), pages 547-571, February.
    28. John Schmitt, 2015. "Explaining the Small Employment Effects of the Minimum Wage in the United States," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 54(4), pages 547-581, October.
    29. Toralf Pusch & Miriam Rehm, 2017. "Positive Effekte des Mindestlohns auf Arbeitsplatzqualität und Arbeitszufriedenheit [Positive Effects of the German Minimum Wage on Job Quality and Employee Job Satisfaction]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 97(6), pages 409-414, June.
    30. Marcus Dittrich & Andreas Knabe & Kristina Leipold, 2014. "Spillover Effects of Minimum Wages in Experimental Wage Negotiations," CESifo Economic Studies, CESifo Group, vol. 60(4), pages 780-804.
    31. Reeves, Aaron & McKee, Martin & Mackenbach, Johan & Whitehead, Margaret & Stuckler, David, 2017. "Introduction of a national minimum wage reduceddepressive symptoms in low-wage workers:a quasi-natural experiment in the UK," LSE Research Online Documents on Economics 66485, London School of Economics and Political Science, LSE Library.
    32. Powdthavee, Nattavudh & Boyce, Christopher J. & Wood, Alex M., 2011. "Can Money Change Who We Are? Estimating the Effects of Unearned Income on Measures of Incentive-Enhancing Personality Traits," IZA Discussion Papers 6131, Institute of Labor Economics (IZA).
    33. Aaron Reeves & Martin McKee & Johan Mackenbach & Margaret Whitehead & David Stuckler, 2017. "Introduction of a National Minimum Wage Reduced Depressive Symptoms in Low‐Wage Workers: A Quasi‐Natural Experiment in the UK," Health Economics, John Wiley & Sons, Ltd., vol. 26(5), pages 639-655, May.
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    More about this item

    Keywords

    income; minimum wage; money; personality; quasi-experiment; wage;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy

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