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The Rising Return to Noncognitive Skill
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Units outside the University, The Institute for Evaluation of Labour Market and Education Policy (IFAU). Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Labor Studies (UCLS). STIAS, Uppsala, Sweden.ORCID iD: 0000-0002-8229-326X
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Labor Studies (UCLS). Uppsala University, Units outside the University, The Institute for Evaluation of Labour Market and Education Policy (IFAU). IZA.ORCID iD: 0000-0003-0555-0514
Uppsala University, Units outside the University, The Institute for Evaluation of Labour Market and Education Policy (IFAU). Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Labor Studies (UCLS). Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Swedish Inst Social Res SOFT, Stockholm, Sweden.
Uppsala University, Units outside the University, The Institute for Evaluation of Labour Market and Education Policy (IFAU). Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Labor Studies (UCLS).ORCID iD: 0000-0003-4982-357X
2022 (English)In: American Economic Journal: Applied Economics, ISSN 1945-7782, E-ISSN 1945-7790, Vol. 14, no 2, p. 78-100Article in journal (Refereed) Published
Abstract [en]

This paper uses administrative data from Sweden to document trends in the labor market returns to skills. Between 1992 and 2013, the economic return to noncognitive skill-a psychologist-assessed measure of teamwork and leadership skill roughly doubled. The return to cognitive skill was relatively stable and decreased modestly during the 2000s, however. Among men with similar levels of education, the return to noncognitive skill is higher than the return to cognitive skill. The increasing return to noncognitive skill is driven by changes at the top of the wage distribution and by sorting into higher-paying occupations.

Place, publisher, year, edition, pages
American Economic Association , 2022. Vol. 14, no 2, p. 78-100
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-473647DOI: 10.1257/app.20190199ISI: 000779793000004OAI: oai:DiVA.org:uu-473647DiVA, id: diva2:1655718
Funder
Marcus and Amalia Wallenberg Foundation, 2012.0120Riksbankens Jubileumsfond, P18-0909:1Available from: 2022-05-03 Created: 2022-05-03 Last updated: 2023-08-25Bibliographically approved

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Edin, Per-AndersFredriksson, PeterNybom, MartinÖckert, Björn

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