Search Results
Title: One Size does not Fit All: Multiple Dimensions of Ability, College Attendance and Wages
Resulting in 1 citation.
| 1. |
Prada, Maria F. Urzua, Sergio |
|
One Size does not Fit All: Multiple Dimensions of Ability, College Attendance and Wages NBER Working Paper No. 20752, National Bureau of Economic Research, December 2014. Also: http://www.nber.org/papers/w20752 Cohort(s): NLSY79 Publisher: National Bureau of Economic Research (NBER) Keyword(s): Armed Services Vocational Aptitude Battery (ASVAB); Cognitive Ability; College Education; Labor Market Outcomes; Rosenberg Self-Esteem Scale (RSES) (see Self-Esteem); Rotter Scale (see Locus of Control); Wages We investigate the role of mechanical ability as another dimension that, jointly with cognitive and socio-emotional, affects schooling decisions and labor market outcomes. Using a Roy model with a factor structure and data from the NLSY79, we show that the labor market positively rewards mechanical ability. However, in contrast to the other dimensions, mechanical ability reduces the likelihood of attending four-year college. We find that, on average, for individuals with high levels of mechanical and low levels of cognitive and socio-emotional ability, not attending four-year college is the alternative associated with the highest hourly wage (ages 25-30). |
|
|
Bibliography Citation
Prada, Maria F. and Sergio Urzua. "One Size does not Fit All: Multiple Dimensions of Ability, College Attendance and Wages." NBER Working Paper No. 20752, National Bureau of Economic Research, December 2014. |