Monday, December 16, 2013

Cognitive vs Noncognitive skills: employment impact

A brief quote from an NBER paper:

.. we find that noncognitive ability has a higher return than cognitive ability for unskilled workers and managers while skilled workers and non-managerial positions face a higher return on cognitive than to noncognitive ability.

Noncognitive traits are common to successful highly-paid managers and low-paid workers. This might explain a certain disdain highly-paid engineers show toward marketing and manager types.

tags: education, psychology, economics

No comments: