Noncognitive skills in economics: Models, measurement, and empirical evidence

Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review

Autoren

  • Hendrik Thiel
  • Stephan L. Thomsen

Organisationseinheiten

Externe Organisationen

  • Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW) Mannheim
  • Niedersächsisches Institut für Wirtschaftsforschung e.V.
Forschungs-netzwerk anzeigen

Details

OriginalspracheEnglisch
Seiten (von - bis)189-214
Seitenumfang26
FachzeitschriftResearch in Economics
Jahrgang67
Ausgabenummer2
PublikationsstatusVeröffentlicht - 6 Apr. 2013

Abstract

There is an increasing economic literature considering personality traits as a source of individual differences in labor market productivity and other outcomes. This paper provides an overview on the role of these skills with a particular focus on measurement and estimation. Based on the relevant literature from different disciplines, common psychometric measures used to assess personality are discussed and critical assumptions for their applications are highlighted. Moreover, we report and describe ideas of recent research that aims at incorporating personality traits into economic models of decision making. Based on these foundations, the main results of the empirical literature regarding noncognitive skills are summarized. Finally, we provide a brief guide to econometric analysis with consideration of common econometric pitfalls that evolve in empirical analysis of personality traits and review possible solutions.

ASJC Scopus Sachgebiete

Zitieren

Noncognitive skills in economics: Models, measurement, and empirical evidence. / Thiel, Hendrik; Thomsen, Stephan L.
in: Research in Economics, Jahrgang 67, Nr. 2, 06.04.2013, S. 189-214.

Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review

Thiel, H & Thomsen, SL 2013, 'Noncognitive skills in economics: Models, measurement, and empirical evidence', Research in Economics, Jg. 67, Nr. 2, S. 189-214. https://doi.org/10.1016/j.rie.2013.03.002
Thiel, H., & Thomsen, S. L. (2013). Noncognitive skills in economics: Models, measurement, and empirical evidence. Research in Economics, 67(2), 189-214. https://doi.org/10.1016/j.rie.2013.03.002
Thiel H, Thomsen SL. Noncognitive skills in economics: Models, measurement, and empirical evidence. Research in Economics. 2013 Apr 6;67(2):189-214. doi: 10.1016/j.rie.2013.03.002
Thiel, Hendrik ; Thomsen, Stephan L. / Noncognitive skills in economics : Models, measurement, and empirical evidence. in: Research in Economics. 2013 ; Jahrgang 67, Nr. 2. S. 189-214.
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