The Economics Of Good Looks

June 4, 2014 in Daily Bulletin

Danielle Kurtzleben looked at how our looks affect our financial prospects:

  • Over the course of a lifetime a good looking person makes about $230,000 more than others.
  • The gap is smaller for women than for men. This may be because only prettier women are incentivized to go out and work while others choose to stay at home.
  • More attractive CEOs have companies with higher stock market valuations.
  • Each additional inch of height is worth $790 a year in the labour market.
  • It’s not all good news. Attractive women have some problems getting masculine jobs.

Read more about why attractive people might be less likely to go to jail, how attractiveness affects attitudes on inequality, and more over here.

Source: Vox