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Mara Ewers IW-Trends No. 2 10. August 2016 Trust and Emotional Stability as Determinants of Success and Life Satisfaction
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Trust and Emotional Stability as Determinants of Success and Life Satisfaction
Mara Ewers IW-Trends No. 2 10. August 2016

Trust and Emotional Stability as Determinants of Success and Life Satisfaction

IW-Trends

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German Economic Institute (IW) German Economic Institute (IW)

How can differences in good and successful lives, defined in terms of life and work satisfaction, gross hourly wage, health and years of training, be explained? The results of inter-disciplinary research by economists and psychologists raise doubts as to whether economic preferences and social and economic environment are the only determining factors. The present study shows that inequality also results from the development of personality. Economic preferences and personality traits are not entirely interchangeable. Rather they are complementary characteristics. In all areas of life examined in the study, successful individuals in Germany manifest particularly high values for emotional stability and trust: 72 per cent of those who completely agreed with the statement "People are generally to be trusted” reported a high level of satisfaction with life, compared with only 52 per cent of all Germans.

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Trust and Emotional Stability as Determinants of Success and Life Satisfaction
Mara Ewers IW-Trends No. 2 10. August 2016

Mara Ewers: Vertrauen und emotionale Stabilität als Determinanten von Erfolg und Lebenszufriedenheit

IW-Trends

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German Economic Institute (IW) German Economic Institute (IW)

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