Work

Swedish evidence on the impact of cognitive and non-cognitive ability on earnings - an extended pre-market factor approach *

Year: 2005

Type: preprint

Abstract: This paper investigates the impact on earnings of non-cognitive ability, measured in terms of individuals’ 'self-esteem' on earnings. Starting with the pre-market factor approach suggested by Neal & Johnson (1996) a main finding is that measures of relative self-esteem along with cognitive ability are positively correlated with earnings. The analysis also reveals that the returns to cognitive and non-cognitive ability vary over the earnings-distribution: the returns are larger at higher levels of earnings than at low levels. While qualitatively robust, the effects decrease in magnitude when an extended version of the pre-market factor model is used.

Source: RePEc: Research Papers in Economics

Author: Johnny Zetterberg

Institution: Uppsala University

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

Funder: Norges Forskningsråd

OpenAlex ID: W2099889595

Cites: 42

Cited by: 19

Related to: 10