Powdthavee, Nattavudh; Boyce, Christopher J.; Wood, Alex M. - Institute for the Study of Labor (IZA) - 2011
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...
