Personality and Employment Transitions at Older Ages

Direct and Indirect Effects Through Non-Monetary Job Characteristics

Published in: Labour, Volume 31, Issue 2 (June 2017), Pages 127-152. doi: 10.1111/labr.12090

Posted on RAND.org on August 18, 2017

by Marco Angrisani, Michael D. Hurd, Erik Meijer, Andrew M. Parker, Susann Rohwedder

Read More

Access further information on this document at Labour

This article was published outside of RAND. The full text of the article can be found at the link above.

We study whether individuals with different personality traits systematically exhibit different retirement trajectories. We find weak direct associations between personality and employment transitions. On the other hand, personality does contribute indirectly to these transitions by moderating the effects of non-monetary job characteristics. Specifically, workers with different traits are observed to follow different retirement paths when faced with similar physical demands, computer skills requirements, job flexibility, and age discrimination in the workplace. Contrary with other economic domains, conscientiousness does not have the strongest association with retirement; the other components of the Big Five personality traits show more salient patterns.

This report is part of the RAND Corporation external publication series. Many RAND studies are published in peer-reviewed scholarly journals, as chapters in commercial books, or as documents published by other organizations.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.