The Relative Importance of Personal Characteristics for the Hiring of Young Workers
Peter Hoeschler and
No 142, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)
We investigate the relative importance of different personal characteristics for firms' hiring decisions. Our design allows firms to observe potential workers during a long screening period. At the end of that period firms can decide to make job offers, thereby revealing their preferences about workers' personal characteristics. We connect real-world job offers and workers' personal characteristics, both of which are usually unobserved. To investigate the relative importance of various personal characteristics for the likelihood to receive a job offer, we use a unique panel data set of entry-level workers. We find that grades and non-cognitive skills are important for receiving a job offer, with the Big Five Personality traits being the most important predictor. We find no effects for intelligence or economic preferences.
Keywords: Job Offers; Ability; Non-Cognitive Skills; Preferences; Vocational Education (search for similar items in EconPapers)
JEL-codes: D03 M51 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-hrm and nep-lma
Date: 2017-12, Revised 2018-01
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Persistent link: https://EconPapers.repec.org/RePEc:iso:educat:0142
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