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measured into underlying personality traits and economic preferences. We demonstrate that the construction of the non …
Persistent link: https://www.econbiz.de/10011594151
both hourly wages and annual work hours. Fourth, the returns to cognitive skill are greater for women than men and for … corresponding changes in hourly wages. Fifth, the average gains in lifetime incomes predicted to result from greater levels of …
Persistent link: https://www.econbiz.de/10011517671
Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and their interactions with others. In this paper, we emphasize creativity as a key skill that is essential to open-ended problem solving and resistant to automation. We use rich...
Persistent link: https://www.econbiz.de/10012549190
Standard economic models which focus on pecuniary payoffs cannot explain why there are highly able individuals who choose careers with low pecuniary returns. Therefore, financial incentives are unlikely to be effective in influencing career choices of these individuals. Based on Akerlof and...
Persistent link: https://www.econbiz.de/10003566280
cohorts substantially affect careers. A player born into a large birth cohort can expect an earnings loss of roughly 18 … percent over the course of an average career as compared to a small birth cohort counterpart. The loss in earnings is driven …
Persistent link: https://www.econbiz.de/10010436158
Does over-education assist or hinder occupational advancement? Career mobility theory hypothesizes that over-education leads to a higher level of occupational advancement and wage growth over time, with mixed international empirical evidence. This paper re-tests career mobility theory directly...
Persistent link: https://www.econbiz.de/10011914835
This study examines how career interruptions and subsequent wages of employees are related. Using individual panel data …
Persistent link: https://www.econbiz.de/10011641615
Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...
Persistent link: https://www.econbiz.de/10014285786
We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic...
Persistent link: https://www.econbiz.de/10012322040
across countries in employment and earnings gaps at age 30. At age 50, however, employment between mothers and non … these gaps do not fully close. Motherhood gaps in earnings also close by age 50 between mothers and non …-mothers, particularly among the highly educated. But there is strong persistence in earnings gaps between mothers and fathers even among …
Persistent link: https://www.econbiz.de/10014535295