Cognitive and non-cognitive traits and the intergenerational transmission of socioeconomic inequality

IF 2.5 2区经济学 Q2 ECONOMICS Journal of Economic Psychology Pub Date : 2023-08-01 DOI:10.1016/j.joep.2023.102635

Nicholas Rohde , Pravin Trivedi , K.K. Tang , Prasada Rao

引用次数: 0

Abstract

This paper studies the roles of cognitive and non-cognitive characteristics in a standard Roemerian Inequality of Opportunity (IOP) model. Using Australian microdata, we model the effects of individuals’ backgrounds and their psychological traits on two adult income variables. We find that measurable psychological traits (intelligence, locus of control, big five personality traits) are slightly more important than background characteristics (such as race, gender, social class at birth) in explaining income disparities. However, the fraction of IOP confounded by psychological factors is small (11%–12%), which suggests that background inequalities do not meaningfully reflect differences in cognitive or non-cognitive ability.

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认知和非认知特征以及社会经济不平等的代际传递

本文研究了认知特征和非认知特征在标准Roemerian机会不平等(IOP)模型中的作用。利用澳大利亚的微观数据，我们建立了个体背景和心理特征对两个成人收入变量的影响模型。我们发现，在解释收入差距时，可测量的心理特征(智力、控制点、五大人格特征)比背景特征(如种族、性别、出生时的社会阶层)稍微重要一些。然而，受心理因素影响的IOP比例很小(11%-12%)，这表明背景不平等并不能有效地反映认知或非认知能力的差异。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Economic Psychology Multiple-

CiteScore

5.20

自引率

31.40%

发文量

审稿时长

63 days

期刊介绍： The Journal aims to present research that will improve understanding of behavioral, in particular psychological, aspects of economic phenomena and processes. The Journal seeks to be a channel for the increased interest in using behavioral science methods for the study of economic behavior, and so to contribute to better solutions of societal problems, by stimulating new approaches and new theorizing about economic affairs. Economic psychology as a discipline studies the psychological mechanisms that underlie economic behavior. It deals with preferences, judgments, choices, economic interaction, and factors influencing these, as well as the consequences of judgements and decisions for economic processes and phenomena. This includes the impact of economic institutions upon human behavior and well-being. Studies in economic psychology may relate to different levels of aggregation, from the household and the individual consumer to the macro level of whole nations. Economic behavior in connection with inflation, unemployment, taxation, economic development, as well as consumer information and economic behavior in the market place are thus among the fields of interest. The journal also encourages submissions dealing with social interaction in economic contexts, like bargaining, negotiation, or group decision-making. The Journal of Economic Psychology contains: (a) novel reports of empirical (including: experimental) research on economic behavior; (b) replications studies; (c) assessments of the state of the art in economic psychology; (d) articles providing a theoretical perspective or a frame of reference for the study of economic behavior; (e) articles explaining the implications of theoretical developments for practical applications; (f) book reviews; (g) announcements of meetings, conferences and seminars.