Greene, Claire; Shy, Oz; Stavins, Joanna - 2023 - This version: March 2023
investigate how the Big Five traits affect three financial outcomes: being unbanked, holding a credit card, and carrying credit … statistically insignificant when we control for demographics and income in regressions. Carrying credit card debt (revolving …), however, is significantly affected by conscientiousness, openness, and agreeableness: Credit card adopters who are less …