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Personality, Lifetime Earnings, and Retirement Wealth
by Angela Lee Duckworth and David Weir
WP 2010-235
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- More conscientious and emotionally stable adults have higher lifetime earnings.
- Personality measures account for nearly as much variation in lifetime earnings as do cognitive measures.
- Conscientiousness and emotional stability interact such that the effects of conscientiousness on lifetime earnings are greater among less emotionally stable adults.
- In couples, the conscientiousness of husbands and of wives has equal positive effects on wealth.
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