Positive Self-Image over Time

Luis Santos-Pinto ()

Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) from Université de Lausanne, Faculté des HEC, DEEP

Abstract: This paper incorporates egocentric comparisons into a human capital accumulation model and studies the evolution of positive self image over time. The paper shows that the process of human capital accumulation together with egocentric comparisons imply that positive self image of a cohort is first increasing and then decreasing over time. Additionally, the paper finds that positive self image: (1) peaks earlier in activities where skill depreciation is higher, (2) is smaller in activities where the distribution of income is more dispersed, (3) is not a stable characteristic of an individual, and (4) is higher for more patient individuals.

Keywords: self-image; human capital; skill investment (search for similar items in EconPapers)
JEL-codes: D31 D91 J24 (search for similar items in EconPapers)
Date: 2006-04
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Related works:
Working Paper: Positive self-image over time (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:lau:crdeep:09.02

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