Noncognitive Skills in Economics: Models, Measurement, and Empirical Evidence

Hendrik Thiel () and Stephan Thomsen
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Hendrik Thiel: Faculty of Economics and Management, Otto-von-Guericke University Magdeburg

No 9037, FEMM Working Papers from Otto-von-Guericke University Magdeburg, Faculty of Economics and Management

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.

Keywords: noncognitive skills; personality; human capital formation; psychometric measures (search for similar items in EconPapers)
JEL-codes: I20 I28 J12 J24 J31 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2009-10
References: Add references at CitEc
Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Noncognitive skills in economics: Models, measurement, and empirical evidence (2013)
Working Paper: Noncognitive skills in economics: Models, measurement, and empirical evidence (2011)
Working Paper: Noncognitive skills in economics: Models, measurement, and empirical evidence (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:mag:wpaper:09037

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