Alumni

Dr. Caroline Wehner

Thesis:
Too Scared to Achieve: The Relation between Neuroticism, Conscientiousness and Socioeconomic Outcomes

Year: 2018

Promotor(s):
Lex Borghans and Trudie Schils

Abstract:

Economic studies show that low emotional stability is negatively related to socioeconomic outcomes, while conscientiousness predicts desirable results. Possible mechanisms behind these relations are far less explored. The dissertation addresses this research gap both theoretically and empirically by including psychological insights into an economic model. Di?erences in expectations and the individual problem-solving ability are explored as an important channel for the observed relations between personality and socioeconomic outcomes. The results suggest that both low emotionally stable and low conscientious individuals have a higher risk to be trapped in a disadvantageous circle of negative expectations and experiences throughout life. Interventions already in school might reduce this risk.



Selected publications by Caroline Wehner


Articles (journal, professional, popular)
Eichhorst, Werner, Paul Marx & Caroline Wehner, 2017, `Labor Market Reforms in Europe, Journal for Labour Market Research, 51, More information
Ritzen, Jo, Caroline Wehner & Klaus F. Zimmermann, 2016, `Euroskepticism, Income Inequality and Financial Expectations, The B.E. Journal of Economic Analysis & Policy, 16, More information


Book chapters
Eichhorst, Werner, Verena Tobsch & Caroline Wehner, 2016, Neue Qualität der Arbeit?, in: Badura, B., Ducki, A., Schröder, H., Klose, J., Meyer, M, Fehlzeiten-Report 2016. Unternehmenskultur und Gesundheit - Herausforderung und Chancen, Springer, Berlin, More information


External working papers
Wehner, Caroline, Trudie Schils & Lex Borghans, 2016, Personality and Mental Health: The Role and Substitution Effect of Emotional Stability and Conscientiousness, IZA Discussion Paper 10337, More information
Eichhorst, Werner, Paul Marx & Caroline Wehner, 2016, Labor Market Reforms in Europe: Towards More Flexicure Labor Markets?, IZA Discussion Paper 9863
Ritzen, Jo, Caroline Wehner & Klaus F. Zimmermann, 2014, Euroskepticism in the Crisis: More Mood than Economy, IZA Discussion Paper No. 8001


Research reports
Eichhorst, Werner, Caroline Wehner & et al., 2013, IZA Research Report No. 54: Social Protection Rights of Economically Dependent Self-employed Workers, Report based on a study conducted for the European Parliament, pages 128, More information


Theses
Wehner, Caroline, 2018, Too Scared to Achieve: The Relation between Neuroticism, Conscientiousness and Socioeconomic Outcomes, PhD dissertation Maastricht University / United Nations University

UNU-MERIT