We investigate the effect of broad personality traits — the Big Five — on an individual’s decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions,...

We investigate the effect of broad personality traits — the Big Five — on an individual’s decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions,...

Complementing prior research on income mobility and educational transmission, we provide evidence on the intergenerational transmission of cognitive abilities using data from the German Socio-Economic Panel Study. Our estimates suggest that individuals' cognitive skills are positively related to...