TY - JOUR AU - Borghans,Lex AU - Duckworth,Angela Lee AU - Heckman,James J. AU - Weel,Bas ter TI - The Economics and Psychology of Personality Traits JF - National Bureau of Economic Research Working Paper Series VL - No. 13810 PY - 2008 Y2 - February 2008 UR - http://www.nber.org/papers/w13810 L1 - http://www.nber.org/papers/w13810.pdf N1 - Author contact info: Lex Borghans Department of Economics and ROA Maastricht University P.O. Box 616 NL-6200 MD Maastricht The Netherlands Tel: +31 43 3883620 E-Mail: lex.borghans@maastrichtuniversity.nl Angela L. Duckworth University of Pennsylvania Department of Psychology 3701 Market St., Ste. 209 Philadelphia PA 19104 E-Mail: duckwort@psych.upenn.edu James J. Heckman Department of Economics The University of Chicago 1126 E. 59th Street Chicago, IL 60637 Tel: 773/702-0634 Fax: 773/702-8490 E-Mail: jjh@uchicago.edu Bas ter Weel Department of International Economics CPB Netherlands Bureau for Economic Policy Analysis P.O.Box 80510 2508 GM Den Haag The Netherlands E-Mail: b.ter.weel@cpb.nl AB - This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest promising avenues for future research. ER -