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The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10010282309
Extensive evidence shows that when given the opportunity, people cheat for monetary rewards, but only to the extent that they can keep a positive selfconcept. In this study, we investigate various factors that may influence the degree to which people can keep their positive self-concept while...
Persistent link: https://www.econbiz.de/10011349051