The returns to cognitive abilities and personality traits in Germany

Labour Economics

Volumn 17, Issue 3, 2010, Pages 535-546

  Heineck, Guido ^a   Anger, Silke ^b  

^a INSTITUTE FOR EMPLOYMENT RESEARCH IAB   (Germany)

^b DIW BERLIN   (Germany)

Author keywords

Cognitive abilities; Five Factor Model; Locus of control; Personality traits; Reciprocity; Wages

Indexed keywords

EID: 77953081980     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.labeco.2009.06.001     Document Type: Article

References (62)

1. Anger S., Heineck G. Cognitive abilities and earnings. Forthcoming Applied Economics Letters 2008.
2. Ashton M., Paunonen S., Helmes E., Jackson D. Kin altruism, reciprocal altruism, and the big five personality factors. Evolution and Human Behavior 1998, 9:243-255.
3. Baltes P.B., Staudinger U.M., Lindenberger U. Lifespan psychology: theory and application to intellectual functioning. Annual Review of Psychology 1999, 50:471-507.
4. Barrick M.R., Mount M.K. The big five personality dimensions and job performance: a meta-analysis. Personnel Psychology 1991, 44:1-26.
5. Blackburn M.L., Neumark D. Omitted-ability bias and the increase in returns to schooling. Journal of Labor Economics 1993, 521-544.
6. Borghans L., Duckworth A.L., Heckman J.J., ter Weel B. The economics and psychology of personality traits. Journal of Human Resources 2008, 43(4).
7. Bound J., Griliches Z., Hall B.H. Wages, schooling and IQ of brothers and sisters: do the family factors differ?. International Economic Review 1986, 27:77-105.
8. Bowles S., Gintis H., Osborne M. The determinants of earnings: a behavioral approach. Journal of Economic Literature 2001, 39(4):1137-1176.
9. Bronars S.G., Oettinger G.S. Estimates of the return to schooling and ability: evidence from sibling data. Labour Economics 2006, 13:19-34.
10. Cameron S., Heckman J.J. Nonequivalence of high school equivalents. Journal of Labor Economics 1993, 1-47.
11. Cattell R.B. Intelligence: Its Structure, Growth, and Action 1987, Elsevier Science Pub. Co., New York.
12. Cawley J., Heckman J.J., Vytlacil E.J. Three observations on wages and measured cognitive ability. Labour Economics 2001, 8(4):419-442.
13. Cebi M. Locus of control and human capital investment revisited. Journal of Human Resources 2007, 42(4):919-932.
14. Costa P.T., McCrae R.R. The NEO Personality Inventory Manual 1985, Psychological Assessment Resources, Odessa, FL.
15. Costa P.T., McCrae R.R. Personality in adulthood: a six-year longitudinal study of self-reports and spouse ratings on the NEO Personality Inventory. Journal of Personality and Social Psychology 1988, 54:853-863.
16. Costa P.T., McCrae R.R. Set like plaster: evidence for the stability of adult personality. Can Personality Change? 1994, 21-40. American Psychological Association, Washington, DC. T.F. Heatherton, J.L. Weinberger (Eds.).
17. Costa P.T., McCrae R.R., Dye D.A. Facet scales for agreeableness and conscientiousness: a revision of the NEO Personality Inventory. Personality and Individual Differences 1991, 12(8):887-898.
18. Cronbach L.J. Coefficient alpha and the internal structure of tests. Psychometrika 1951, 16(3):297-334.
19. Dehne, M., Schupp, J. Persönlichkeitsmerkmale im Sozio-oekonomischen Panel (SOEP) - Konzept, Umsetzung und empirische Eigenschaften. Research Notes No. 26, DIW Berlin; 2007.
20. Dohmen T., Falk A., Huffman D., Sunde U. Homo reciprocans: survey evidence on behavioural outcomes. The Economic Journal 2009, 119:592-612.
21. Fehr E., Gächter S. Fairness and retaliation: the economics of reciprocity. Journal of Economic Perspectives 2000, 14(3):159-181.
22. Filer R.K. The role of personality and tastes in determining occupational structure. Industrial and Labor Relations Review 1986, 39(3):412-424.
23. Flossmann, A., Piatek, R., Wichert, L., August 2007. Going Beyond Returns to Education: The Role of Noncognitive Skills on Wages in Germany, Paper presented at the European Meeting of the Econometric Society, Budapest.
24. Furnham A., Forde L., Cotter T. Personality and intelligence. Personality and Individual Differences 1998, 24(2):187-192.
25. Gardner D.G., Cummings L.L. Activation theory and job design: review and reconceptualization. Research in Organizational Behavior 1988, vol. 10:81-122. JAI Press, Greenwich, CT. B.M. Staw, L.L. Cummings (Eds.).
26. Greene W.H. Econometric analysis 2008, Prentice Hall, Upper Saddle River, NJ.
27. Goldsmith A.H., Veum J.R., Darity W. The impact of psychological and human capital and wages. Economic Inquiry 1997, 35(4):815-829.
28. Green D.A., Riddell W.C. Literacy and earnings: an investigation of the interaction of cognitive and unobserved skills in earnings generation. Labour Economics 2003, 10:165-184.
29. Groth-Marnat G. Handbook of Psychological Assessment 1997, John Wiley and Sons, New York. 3rd ed.
30. Hausman J., Taylor W. Panel data and unobservable individual effects. Econometrica 1981, 49:1377-1398.
31. Heckman J.J. Sample bias as a specification error. Econometrica 1979, 47:153-161.
32. Heckman J.J., Stixrud J., Urzua S. The effects of cognitive and noncognitive abilities on labor market outcomes and social behavior. Journal of Labor Economics 2006, 24(3):411-482.
33. Heineck, G. Does it pay to be nice? Personality and earnings in the UK. LASER Discussion Paper 06-2007.
34. Jackson M. Personality traits and occupational attainment. European Sociological Review 2006, 22(2):187-199.
35. Jang K.L., Livesly W.J., Vernon P.A. Heritability of the Big Five personality dimensions and their facets: a twin study. Journal of Personality 1996, 64:577-591.
36. Jensen A.R. The g Factor: The Science of Mental Ability 1998, Praeger, Westport, CT.
37. John O.P., Srivastava S. The Big Five trait taxonomy: history, measurement, and theoretical perspectives. Handbook of Personality: Theory and Research 1999, 102-138. New York, Guilford. L.A. Pervin, O.P. John (Eds.).
38. Judge T.A., Higgins C.A., Thoresen C.J., Barrick M.R. The Big Five personality traits, general mental ability, and career success across the life span. Personnel Psychology 1999, 52:621-652.
39. Kline P. The Handbook of Psychological Testing 1999, Routledge, New York.
40. Kmenta J. Elements of Econometrics 1997, University of Michigan Press, Ann Arbor, MI. 2nd ed.
41. Lang, F.R., 2005. Erfassung des kognitiven Leistungspotenzials und der "Big Five" mit Computer-Assisted-Personal-Interviewing (CAPI): Zur Reliabilität und Validität zweier ultrakurzer Tests und des BFI-s. Research Note No. 9, DIW Berlin.
42. Lang F.R., Weiss D., Stocker A., von Rosenbladt B. Assessing cognitive capacities in computer-assisted survey research: two ultra-short tests of intellectual ability in the German Socio-Economic Panel (SOEP). Schmollers Jahrbuch 2007, 127(1):183-192.
43. Lindenberger U., Baltes P.B. Kognitive Leistungsfähigkeit im Alter: Erste Ergebnisse aus der Berliner Altersstudie. Zeitschrift für Psychologie 1995, 203:283-317.
44. McCrae R.R., Costa P.T. Toward a new generation of personality theories: theoretical contexts for the five-factor model. The Five-Factor Model of Personality: Theoretical Perspectives 1996, 51-87. Guilford, New York. J.S. Wiggins (Ed.).
45. McCrae R.R., Costa P.T. A Five-Factor theory of personality. Handbook of Personality: Theory and Research 1999, 139-153. Guilford, New York. L.A. Pervin, O.P. John (Eds.).
46. Mueller G., Plug E. Estimating the effects of personality on male and female earnings. Industrial and Labor Relations Review 2006, 60(1):3-22.
47. Murnane R.J., Willett J.B., Levy F. The growing importance of cognitive skills in wage determination. The Review of Economics and Statistics 1995, 77:251-266.
48. Nyhus E.K., Pons E. The effects of personality on earnings. Journal of Economic Psychology 2005, 26:363-384.
49. O'Connell M., Sheikh H. Growth in career earnings and the role of achievement-related traits. Journal of Economic Psychology 2007, 28(5):590-605.
50. Osborne Groves M.A. How important is your personality? Labor market returns to personality for women in the US and UK. Journal of Economic Psychology 2005, 26:827-841.
51. Plümper V.E., Tröger T. Efficient estimation of time invariant and rarely changing variables in panel data analysis with unit effects. Political Analysis 2007, 15(2):124-139.
52. Ray J. Some pitfalls in measuring perceived locus of control as an economic variable: a comment on Buchele. Journal of Human Resources 1984, 19(4):580-581.
53. Rotter J. Generalized expectancies for internal versus external control of reinforcement. Applications of a social learning theory of personality 1966, 260-295. Holt, Reinhart and Winston Inc., New York.
54. Salgado J.F. The Five Factor model of personality and job performance in the European Community. Journal of Applied Psychology 1997, 82(1):30-43.
55. Semykina A., Linz S.J. Gender differences in personality and earnings: evidence from Russia. Journal of Economic Psychology 2007, 28:387-410.
56. Smith A. Symbol digit modalities test 1995, Western Psychological Services, Los Angeles, CA.
57. Spector P.E., Jex S.M., Chen P.Y. Relations of incumbent affect-related personality traits with incumbent and objective measures of characteristics of jobs. Journal of Organizational Behavior 1995, 16:59-65.
58. Sternberg R.J., Ruzgis P. Personality and Intelligence 1994, Cambridge University Press, New York.
59. Srivastava S., John O.P., Gosling S.D., Potter S. Development of personality in early and middle adulthood: set like plaster or persistent change?. Journal of Personality and Social Psychology 2003, 85(5):1041-1053.
60. Tett R.P., Jackson D.N., Rothstein M. Personality measures as predictors of job performance: a meta-analytic review. Personnel Psychology 1991, 44:703-742.
61. Tokar D.M., Fischer A.R., Subich L.M. Personality and vocational behavior: a selective review of the literature, 1993-1997. Journal of Vocational Behavior 1998, 53:115-153.
62. Zax J.S., Rees D.I. IQ, academic performance, environment, and earnings. Review of Economics and Statistics 2002, 84:600-616.