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Personality traits drive behaviors and attitudes, and determine socio-economic life outcomes for individuals. This paper investigates the relationship of six personality traits, the Big Five and Locus of Control, to individual participation in employment-related further education and training...
Persistent link: https://www.econbiz.de/10009687898
This paper extends standard models of work-related training by explicitly incorporating workers' locus of control into the investment decision. Our model both differentiates between general and specific training and accounts for the role of workers and firms in training decisions. Workers with...
Persistent link: https://www.econbiz.de/10011591440
We propose a regression-adjusted matched difference-in-differences framework to estimate non-pecuniary returns to adult education. This approach combines kernel matching with entropy balancing to account for selection bias and sorting on gains. Using data from the German SOEP, we evaluate the...
Persistent link: https://www.econbiz.de/10011957590