Fundamental Morals and Social Success (Japanese)

Kazuo Nishimura, Junichi Hirata, Tadashi Yagi () and Junko Urasaka

Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: This paper aims to verify how discipline affects a person's value in the labor market by examining the effect of the discipline a person received in his/her childhood on the labor income he/she gets as an adult. The analysis shows that one's value in the labor market is greatly affected by four fundamental morals defined in this paper as follows: (1) Be honest, (2) Be kind to others, (3) Keep the rule, and (4) Keep learning. A comparison of the yearly income between an adult who was taught all four morals and an adult who was not taught either any or all of the four morals showed that the former earned about 570,000 yen more than the latter; in turn, those who were taught all of the four basic morals earned about 860,000 yen higher than those who were not taught any of them. Furthermore, this research analyzed the influence of discipline on ethics and value judgment and shows that adults who were taught the four morals tend to make value judgments that are better in terms of sociality.

Pages: 23 pages
Date: 2014-02
New Economics Papers: this item is included in nep-hpe
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