Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/17285
Longitudinal Study: HILDA
Title: Occupational Choice: Personality Matters
Authors: Ham, R 
Wells, R 
Junankar, P 
Institution: IZA
Issue Date: Apr-2009
Pages: 37
Keywords: occupational choice
dynasty hysteresis
human capital
personality
Abstract: In modern societies, people are often classified as “White Collar” or “Blue Collar” workers: that classification not only informs social scientists about the kind of work that they do, but also about their social standing, their social interests, their family ties, and their approach to life in general. This analysis will examine the effect of an individual’s psychometrically derived personality traits and status of their parents on the robability of attaining a white collar occupation over the baseline category of a blue collar occupation; controlling for human capital and other factors. The paper uses data from the Household Income and Labour Dynamics in Australia (HILDA) survey to estimate a random effects probit model to capture the effects on the probability of being in a white collar occupation. The results are then examined using the average marginal effects of the different conditioning variables over the whole sample. The analysis confirms the previous findings of human capital theory, but finds that personality and parental status also have significant effects on occupational outcomes. The results suggest that the magnitude of the average marginal effect of parental status is small and the effect of the personality trait “conscientiousness” is large and rivals that of education. Finally, estimates of separate models for males and females indicate that effects differ between the genders for key variables, with ersonality traits in females having a relatively larger effect on their occupational outcomes due to the diminished effects of education.
URL: http://www.melbourneinstitute.com/hilda
Research collection: Technical working papers and reports
Reports and technical papers
Appears in Collections:Reports

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