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The Economics and Psychology of Personality Traits

Borghans, Lex; Duckworth, Angela Lee; Heckman, James J.; … - Institute for the Study of Labor (IZA) - 2008

This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest...

Persistent link: https://www.econbiz.de/10005822782

Measuring and Interpreting Trends in the Division of Labour in the Netherlands

Akçomak, I. Semih; Borghans, Lex; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2011

This paper introduces indicators about the division of labour to measure and interpret recent trends in the structure of employment in the Netherlands. Changes in the division of labour occur at three different levels: the level of the individual worker, the level of the industry and the spatial...

Persistent link: https://www.econbiz.de/10009003945

Labour-Market Outcomes of Older Workers in the Netherlands: Measuring Job Prospects Using the Occupational Age Structure

Bosch, Nicole; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2013

This paper analyses changes in job opportunities of older workers in the Netherlands in the period 1996-2010. The standard human capital model predicts that, as a result of human capital obsolescence, mobility becomes more costly when workers become older. We measure and interpret how changing...

Persistent link: https://www.econbiz.de/10010659255

The Importance of Intrinsic and Extrinsic Motivation for Measuring IQ

Borghans, Lex; Meijers, Huub; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2013

This research provides an economic model of the way people behave during an IQ test. We distinguish a technology that describes how time investment improves performance from preferences that determine how much time people invest in each question. We disentangle these two elements empirically...

Persistent link: https://www.econbiz.de/10010659259

The Effect of Family Disruption on Children's Personality Development: Evidence from British Longitudinal Data

Prevoo, Tyas; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2014

This research documents the effects of different forms of family disruptions – measured by separation, divorce and death – on personality development of British children included in the 1970 British Cohort Study. There are statistically significant correlations between family disruptions...

Persistent link: https://www.econbiz.de/10011105050

Fostering and Measuring Skills: Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success

Kautz, Tim; Heckman, James J.; Diris, Ron; ter Weel, Bas; … - Institute for the Study of Labor (IZA) - 2014

This paper reviews the recent literature on measuring and boosting cognitive and non-cognitive skills. The literature establishes that achievement tests do not adequately capture character skills: personality traits, goals, motivations, and preferences that are valued in the labor market, in...

Persistent link: https://www.econbiz.de/10011105056

Does the Teacher Beat the Test? The Additional Value of Teacher Assessment in Predicting Student Ability

Feron, Eva; Schils, Trudie; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2015

This research investigates to what extent subjective teacher assessment of children's ability adds to the use of test scores in the explanation of children's outcomes in the transition from elementary to secondary school in terms of initial track allocation, track switching in the first three...

Persistent link: https://www.econbiz.de/10011125873

The Importance of Early Conscientiousness for Socio-Economic Outcomes: Evidence from the British Cohort Study

Prevoo, Tyas; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2013

This research estimates models of the importance of conscientiousness for socio-economic outcomes. We use measures of conscientiousness at age 16 to explain adult wages and other outcomes, such as crime, health and savings behaviour. We use several waves from the 1970 British Cohort Study. Our...

Persistent link: https://www.econbiz.de/10011163467

Social Capital, Innovation and Growth: Evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

Persistent link: https://www.econbiz.de/10005703394