Self-esteem (SE) variability has been shown to prospectively predict symptoms of depression. We examined four potential contributors to SE variability (limited sources of self-esteem, defectiveness, negative generalization, and adverse events. . . feelings about the nature of one's self are at the epicenter of the depression storm. Depressive feelings seem to emanate from and then reflect back on a self that is seen as somehow inadequate, improper, disliked, or damaged. (Karp, 1996, p. 48) A number of theorists have highlighted the central role of self-esteem in depression (e.g., Beck, 1967depression (e.g., Beck, , 1976Brown & Harris, 1989;Gotlib & Hammen, 1992;Solomon, Greenberg, & Pyszczynski, 1991). There is growing consensus, however, that it is the variability of self-esteem, rather than whether it is high or low at a given point in time, that can render an individual vulnerable to depression (Butler, Hokanson, & Flynn, 1994;Kernis et al., 1998;Kernis, Paradise, Whitaker, Wheatman, & Goldman, 2000;Roberts & Monroe, 1994).The temporal stability of self-esteem is typically indexed by computing the standard deviation of participants' scores across multiple assessments; the larger the standard deviation, the more unstable (variable) one's global self esteem. 3 Self-esteem 1 Department of Psychology, University of Miami, Coral Gables, Florida. 2 Correspondence should be directed to Adele M. Hayes, Department of Psychology, University of Miami, 5665 Ponce de Leon Blvd, Coral Gables, Florida 33146-0751; e-mail: ahayes@miami.edu. 3 This index has been labeled self-esteem stability in studies by Kernis and colleagues. We use the term self-esteem variability because larger standard deviations (more variability) are associated with elevated depression scores. Roberts and colleagues similarly use the term self-esteem lability.