Some Contributions of Economics to the Study of Personality

Heckman, James J.; Jagelka, Tomáš; Kautz, Timothy D.

doi:10.2139/ssrn.3488180

Cited by 6 publications

(2 citation statements)

References 75 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The Big Five test is widely used in psychology and has been used with increasing frequency in economic literature (Almlund et al, 2011;Heckman et al, 2019). Based on factor analysis, this personality test has created a measure for five personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.…”

Section: Ilo Working Paper 89mentioning

confidence: 99%

What has been driving work-to-work transitions in the emerging world?

Brehm¹,

Doku²,

Escudero³

2023

View full text Add to dashboard Cite

show abstract

Section: Ilo Working Paper 89mentioning

confidence: 99%

What has been driving work-to-work transitions in the emerging world?

Brehm¹,

Doku²,

Escudero³

2023

View full text Add to dashboard Cite

show abstract

“…Importantly, any observed changes in self-control are not associated with major life events nor are they economically meaningful. This is good news for economists who are increasingly modeling the behavioral consequences of personality traits, including self-control, on people's life outcomes (Borghans et al, 2008;Almlund et al, 2011;Heckman et al, 2021). Empirically, it is often convenient to assume that self-control is fixed over the relevant study period because this implies that self-control is exogenous to the outcome of interest, allowing an important threat to causal identification to be avoided.…”

Section: Introductionmentioning

confidence: 99%

The Stability of Self-Control in a Population Representative Study

2022

View full text Add to dashboard Cite

Factual models for human capital assessment

Shcherbakov

2023

Journal of New Economy

View full text Add to dashboard Cite

The socioeconomic development of society goes hand in hand with accumulation and enhancement of human capital, yet many of the issues concerning its assessment are still subject to research. At present, human capital is estimated with the help of abstract models that indirectly assess its possessors based on statistical and actual measurements. Such models are applicable at macro level and to a certain extent at meso level, though cannot be used at microlevel. By contrast, factual models assess directly the possessors of human capital and allow for individual economic, physiological, sociological, psychological indicators. The research aims to identify the prerequisites for designing and create a factual model for human capital assessment. Methodologically, the study rests on the human capital theory and labour economics. To examine the World Bank’s statistics, the study applied a set of general scientific methods: comparative analysis, synthesis, induction and deduction, modelling, the mathematical method. The paper proposes a factual assessment model that allows digitizing the value of human capital, both general and special, based on a set of 56 indicators and sub-measurements. Its distinctive feature is a comprehensive consideration of all components of human capital: physiological, cognitive, social and emotional. The model puts emphasis on the measurement of social and emotional component with the use of a social psychological test and a comparative index of achievements and penalties received by an employee at a previous job. The results of applying the proposed model are consistent with the estimates obtained within the framework of generally accepted cost measurements, and can be used at the micro level both by individual businesses and households.

show abstract

Some Contributions of Economics to the Study of Personality

Cited by 6 publications

References 75 publications

What has been driving work-to-work transitions in the emerging world?

What has been driving work-to-work transitions in the emerging world?

The Stability of Self-Control in a Population Representative Study

Factual models for human capital assessment

Contact Info

Product

Resources

About