This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced by personality traits. With the 2002 to 2009 cross section of the Socio-Economic Panel for Germany (SOEP), it is investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated amount of these savings. Results indicate ...
We provide the first joint evidence on the relationship between individuals' cognitive abilities, their personality and earnings for Germany. Using data from the German Socio-Economic Panel Study, we employ scores from an ultra-short IQ-test and a set of measures of personality traits, namely locus of control, reciprocity and all basic items from the Five Factor Personality Inventory. Our estimates ...
Objectives - Taking a cross-national comparative perspective, we investigate linkages between volunteer work, informal helping, and caring among Europeans aged 50 or older: Is the relationship between these activities characterized by complementarity or by substitution? Is there evidence for the existence of (unobserved) personality traits that foster engagement independent of a specific activity? ...
Numerous studies proved that people tend to select partners that are similar to them with regard to many social and psychological variables. Even though this effect was also found for personality, results are inconsistent and reveal convergence coefficients ranging from negative over zero- to positive correlations. The present study thus aims to investigate personality congruence between spouses and ...
This paper empirically analyzes whether the character-based approach, which focuses on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 persons whose personal characteristics were analyzed by different methods, namely an one-day assessment center (AC) and a standardized questionnaire, before ...
This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal characteristics were screened by different methods, namely a one-day assessment center (AC) and a standardized ...
Evidence of assortative mating according to personality was reported in a previous SOEP-based study (Rammstedt & Schupp, 2008). Based on population representative data of almost 7000 couples, high levels of congruence between spouses were found, which increased with marriage duration. Almost 5000 of these couples were tracked over a five-year period with personality assessed at the beginning and end ...