IZA Journal of European Labor Studies

Table 4 Regression analysis controlling for personality

From: The efficiency wage effect of employer provided occupational pensions

Dependent variable	Engagement
	(1)	(2)	(3)
Pension	0.002	-0.008	-0.001
	(0.036)	(0.039)	(0.036)
Risk of forfeiture	0.145***	0.149***	0.147***
	(0.046)	(0.049)	(0.046)
Extraversion	0.075***		0.069***
	(0.023)		(0.023)
Conscientiousness	0.342***		0.344***
	(0.037)		(0.037)
Neuroticism	-0.081***		-0.076***
	(0.023)		(0.023)
Openness	0.191***		0.180***
	(0.026)		(0.026)
Agreeableness	0.129***		0.133***
	(0.028)		(0.028)
Risk-taking		0.045***	0.020**
		(0.009)	(0.009)
Establishments	785
Employees	5,024

Cluster robust standard errors in parentheses (cluster=establishment). Asterisks indicate significance levels: *** p<0.01, ** p<0.05, * p<0.1. All specifications as specified in equation 6. For further notes, see Table 3.

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