Adults’ Cognitive and Socioemotional Skills and Their Labor Market Outcomes in Colombia
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| Format: | Artículo científico |
| Language: | en |
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Universidad del Rosario
2020
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| _version_ | 1876479334367100928 |
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| author | Pablo Acosta |
| author_facet | Pablo Acosta |
| contents | Adults’ Cognitive and Socioemotional Skills and Their Labor Market Outcomes in Colombia Pablo Acosta Noël Muller Miguel Sarzosa Economía y Finanzas Colombia education latent skills cognitive skills returns to skills Previous research has shown that people with higher cognitive skills (mental abilities) and socioemotional skills (behaviors and personality) get better labor market outcomes. It is unclear, however, if this conclusion applies to low- and middle-income countries, given that existing literature builds on studies that are dominantly about high-income countries. In this paper, we explore how cognitive and socioemotional skills of adults, ages 15-64, relate to their labor market outcomes in the context of Colombia. Controlling for a range of cofounding factors in a cross-sectional survey, we find that adults with higher skills also have better outcomes, while cognitive and socioemotional skills correlate with different ones, seemingly through different channels. Adults with higher cognitive skills have better jobs (with higher earnings, more formal, and high-skilled) and are more likely to complete tertiary education. Socioemotional skills correlate more modestly with having a better job but more strongly with labor market participation and tertiary-education completion. Results suggest that adults with both cognitive and socioemotional skills tend to do better in the labor market and that policies boosting the development of both types may be beneficial in Colombia.jel Classification: J24, J31, I24 2020 artículo científico 0123-5362 https://www.redalyc.org/articulo.oa?id=509563082004 https://www.redalyc.org/journal/5095/509563082004/ https://www.redalyc.org/journal/5095/509563082004/html/ https://www.redalyc.org/journal/5095/509563082004/509563082004.epub https://www.redalyc.org/journal/5095/509563082004/movil https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.8628 en http://www.redalyc.org/revista.oa?id=5095 Revista de Economía del Rosario application/pdf Universidad del Rosario Revista de Economía del Rosario (Colombia) Num.1 Vol.23 |
| format | Artículo científico |
| id | redalyc_509563082004 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Universidad del Rosario |
| spellingShingle | Adults’ Cognitive and Socioemotional Skills and Their Labor Market Outcomes in Colombia Pablo Acosta Economía y Finanzas Colombia education latent skills cognitive skills returns to skills Adults’ Cognitive and Socioemotional Skills and Their Labor Market Outcomes in Colombia Pablo Acosta Noël Muller Miguel Sarzosa Economía y Finanzas Colombia education latent skills cognitive skills returns to skills Previous research has shown that people with higher cognitive skills (mental abilities) and socioemotional skills (behaviors and personality) get better labor market outcomes. It is unclear, however, if this conclusion applies to low- and middle-income countries, given that existing literature builds on studies that are dominantly about high-income countries. In this paper, we explore how cognitive and socioemotional skills of adults, ages 15-64, relate to their labor market outcomes in the context of Colombia. Controlling for a range of cofounding factors in a cross-sectional survey, we find that adults with higher skills also have better outcomes, while cognitive and socioemotional skills correlate with different ones, seemingly through different channels. Adults with higher cognitive skills have better jobs (with higher earnings, more formal, and high-skilled) and are more likely to complete tertiary education. Socioemotional skills correlate more modestly with having a better job but more strongly with labor market participation and tertiary-education completion. Results suggest that adults with both cognitive and socioemotional skills tend to do better in the labor market and that policies boosting the development of both types may be beneficial in Colombia.jel Classification: J24, J31, I24 2020 artículo científico 0123-5362 https://www.redalyc.org/articulo.oa?id=509563082004 https://www.redalyc.org/journal/5095/509563082004/ https://www.redalyc.org/journal/5095/509563082004/html/ https://www.redalyc.org/journal/5095/509563082004/509563082004.epub https://www.redalyc.org/journal/5095/509563082004/movil https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.8628 en http://www.redalyc.org/revista.oa?id=5095 Revista de Economía del Rosario application/pdf Universidad del Rosario Revista de Economía del Rosario (Colombia) Num.1 Vol.23 |
| title | Adults’ Cognitive and Socioemotional Skills and Their Labor Market Outcomes in Colombia |
| topic | Economía y Finanzas Colombia education latent skills cognitive skills returns to skills |
| url | https://www.redalyc.org/articulo.oa?id=509563082004 https://www.redalyc.org/journal/5095/509563082004/ https://www.redalyc.org/journal/5095/509563082004/html/ https://www.redalyc.org/journal/5095/509563082004/509563082004.epub https://www.redalyc.org/journal/5095/509563082004/movil https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.8628 |