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Cognitive and non-cognitive skills are important determinants of labor market outcomes, but are often unobserved. We propose a proxy for these skills derived from item non-response information and a procedure to test its validity. Exploiting a unique data-collection feature of an Australian...
Persistent link: https://www.econbiz.de/10010488164
We investigate whether non-cognitive skills - in particular Locus of Control - are important determinants of the labour market processes at the low-wage margin. Based on data from the German Socio-Economic Panel, we estimate dynamic multinomial logit models with random effects and investigate...
Persistent link: https://www.econbiz.de/10010190193
This article investigates the extent to which personality traits and cognitive skills can be seen as potential …-age population with well-established measures of cognitive skills and personality traits, I find that accounting for personality and … also demonstrate that personality is one of the contributors to the risk of being overeducated among workers aged 18 …
Persistent link: https://www.econbiz.de/10012598764
This empirical paper analyzes labor market sorting across establishments using Swedish register data on cognitive and non-cognitive abilities. We draw on the theoretical foundations of Chone' and Kramarz (2021), in which workers are endowed with sets of multidimensional skills that need to be...
Persistent link: https://www.econbiz.de/10013174859
effects of certain personality traits (agreeableness, neuroticism and risk taking) across the wage distribution for full …
Persistent link: https://www.econbiz.de/10011701178
Estimates of the graduate earnings premium typically do not allow for the effect of non-cognitive skills. Since such skills are unobservable in most datasets there is a concern that existing estimates of the graduate premium are contaminated by selection on such unobservables. We use data on a...
Persistent link: https://www.econbiz.de/10012214119
This paper explores the effects of a spouse's personality on earnings. We build on the growing literature spanning … economics and psychology that investigates how personality traits affect one's own individual earnings. In particular, several … of the big five personality characteristics (extraversion, agreeableness, conscientiousness, neuroticism and openness …
Persistent link: https://www.econbiz.de/10011898884
important role in producing both personality and other non-cognitive skills and labor market outcomes is family background … personality on employment and wages and is also able to control for many other sources of heterogeneity, including attractiveness …, cognitive ability, schooling, occupation, and other factors. Overall, the findings suggest that personality measures have …
Persistent link: https://www.econbiz.de/10011048196
We test whether increasing cash-on-hand raises the productivity of poor workers. Our motivation is psychological. Concerns about money can create mental burdens such as worry, stress, or sadness. These in turn could interfere with the ability to work effectively. We empirically test for this...
Persistent link: https://www.econbiz.de/10013250320
Areas surrounding colleges and universities are often able to build their local stock of human capital by retaining recent graduates in the area after they finish their education. This paper classifies 41 U.S. metropolitan areas as "college towns" and investigates differences in employment...
Persistent link: https://www.econbiz.de/10009569602