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


Thiel, Hendrik ; Thomsen, Stephan L.


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URL: http://ub-madoc.bib.uni-mannheim.de/2599
URN: urn:nbn:de:bsz:180-madoc-25995
Document Type: Working paper
Year of publication: 2009
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: J31 J24 J12 I28 I20 ,
Subject headings (SWD): Persönlichkeitspsychologie , Kognition , Qualifikation , Bildungsinvestition
Keywords (English): noncognitive skills , personality , human capital formation , psychometric measures
Abstract: There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different disciplines, the common psychometric measures used to assess personality are discussed. A recently proposed theoretical framework of human capital production takes personality explicitly into account. It is reviewed to clarify the understanding of crucial features of skill development. Based on these foundations, the main results of the empirical literature regarding noncognitive skills are classified along the research questions and summarized.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Thiel, Hendrik ; Thomsen, Stephan L. (2009) Noncognitive skills in economics : models, measurement, and empirical evidence. Open Access [Working paper]
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