본문 바로가기
KERD
논문KCI 등재

Being Knowledgeable or Sociable? Different Patterns of Human Capital Development and Evaluation in Cognitive and Non-cognitive Skills

1

조회

0

다운로드

2

인용

0

참고문헌

키워드

주제분류경제학

초록

This paper develops a model of college admissions that emphasizes the role of college admissions as a human capital evaluation method. Given multiple dimensions of human capital, different patterns of human capital evaluation and development can emerge as multiple equilibria. These equilibria with a varying emphasis on different aspects of human capital can match an observed difference in college admission patterns between East Asian countries and the U.S. These different patterns are not Pareto ranked. Empirical implications of model are also discussed.

Abstract

This paper develops a model of college admissions that emphasizes the role of college admissions as a human capital evaluation method. Given multiple dimensions of human capital, different patterns of human capital evaluation and development can emerge as multiple equilibria. These equilibria with a varying emphasis on different aspects of human capital can match an observed difference in college admission patterns between East Asian countries and the U.S. These different patterns are not Pareto ranked. Empirical implications of model are also discussed.

참고문헌 (25)

  1. Atkinson, Richard C., "Achievement Versus Aptitude Tests in College Admissions", Issues in Science and Technology (2001)
  2. What Worms for Early Bird: Early Admissions at Elite Colleges, "Avery, Christopher", John F. Kennedy School of Government Faculty, ~, pp.RWP 01-049 (2001)
  3. Avery, Christopher, "Early Admissions at Selective Colleges", American Economic Review, 100(5), pp.2125~2156 (2010)
  4. Avery, Christopher, "The Early Admissions Game : Joining the Elite" (2003), Harvard University Press
  5. Berg Dale, Stacy, "Estimating the Payoff to Attending a More Selective College: An Application of Selection on Observables and Unobservables", Quarterly Journal of Economics, 117(4), pp.1491~1527 (2002)
  6. Borghans, Lex, "The Economics and Psychology of Personality Traits", Journal of Human Resources, 43(4), pp.972~1059 (2008)
  7. Bowen, William G., "The Shape of the River: Long-Term Consequences of Considering Race in College and University Admissions" (1998), Princeton University Press
  8. Coate, Stephen, "Will Affirmative-Action Policies Eliminate Negative Stereotypes?", American Economic Review, 83(5), pp.1220~1240 (1993)
  9. Cunha, Flavio., "The Technology of Skill Formation", IZA Discussion Paper Series, No. 2550, ~ (2007)
  10. Cunha, Flavio, "Formulating, Identifying and Estimating the Technology of Cognitive and Noncognitive Skill Formation", Journal of Human Resources, 43(4), pp.738~782 (2008)
  11. Diamond, Peter A., "Aggregate Demand Management in Search Equilibrium", Journal of Political Economy, 90(5), pp.881~894 (1982)
  12. Fang, Hanming, "Disentangling the College Wage Premium : Estimating a Model with Endogenous Education Choices", International Economic Review, 47(4), pp.1151~1185 (2006)
  13. Gale, David, "College Admissions and the Stability of Marriage", American Mathematical Monthly, 69, pp.9~15 (1962)
  14. Hall, R., "Why Do Some Countries Produce So Much More Output Per Worker Than Others?", Quarterly Journal of Economics, 114(1), pp.83~116 (1997)
  15. Hanushek, Eric A., "The Role of Cognitive Skills in Economic Development", Journal of Economic Literature, 46(3), pp.607~668 (2008)
  16. Heckman, James J., "The Effect of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior", Journal of Labor Economics, 24(3), pp.411~481 (2006)
  17. Juster, Thomas F., "The Allocation of Time : Empirical Findings, Behavioral Models., and Problems of Measurement", Journal of Economic Literature, 29(2), pp.471~522 (1991)
  18. Karabel, Jerome, "The Chosen: The Hidden History of Admission and Exclusion at Harvard, Yale., and Princeton" (2005), Houghton Miin
  19. Lee, Ki-baik, "A New History of Korea" (1981), Harvard University Press
  20. Lee, Sam-Ho, "Jumping the Curse : Early Contracting with Private Information in University Admissions", International Economic Review, 50(1), pp.1~38 (2009)
  21. Lee, Sanghoon, "The Timing of Signalling : To Study in High School or in College?", International Economic Review, 48(3), pp.785~807 (2007)
  22. Mailath, George J., "Endogenous Inequality in Integrated Labor Markets with Two-Sided Search", American Economic Review, 90(1), pp.46~72 (2000)
  23. Miyazaki, Ichisada, "The China’s Examination Hell: The Civil Service Examination of Imperial China" (1976), Weatherhill
  24. Postlewaite, andrew, "Social Isolation and Inequality", Journal of Economic Inequality, 3, pp.243~262 (2005)
  25. Beyond the Classroom: Using Title IX to Measure the Return to High School Sports, "Stevenson, Betsy", CESIFO, ~, pp.No. 2959 (2010)

관련 논문AI추천

이 간행물의 다른 논문 (7건)