1. Home
  2. Studies
  3. 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
Download PDF
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

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.

Download PDF
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

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

More on the topic

Read the article
Green Nudging – a key against littering?
Jennifer Potthoff IW-Policy Paper No. 10 22. November 2023

Green Nudging – a key against littering?

The demand for cleanliness in cities is increasing: "Littering" - the illegal littering of public spaces - does not only cause costs for the environment and society, but also has significant financial consequences through increased cleaning costs.

IW

Read the article
Dominik Enste / Jennifer Potthoff IW-Report No. 26 1. May 2023

Behavioral Economics in Companies: Nudging green behavior

Climate change, the finite nature of natural resources, a growing world population and the quest for prosperity challenge society and policy to act responsibly and sustainably. The debate on climate change and the upcoming energy transition was recently ...

IW

Content element with id 8880 Content element with id 9713