The returns to cognitive and non-cognitive abilities in Germany
The returns to cognitive and non-cognitive abilities in Germany
The returns to cognitive and non-cognitive abilities in Germany
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ias the coefficients of <strong>in</strong>terest downward. In fact, the results of the additional regressions are<br />
qualitatively similar <strong>to</strong> the ones presented except that coefficients of some personality trait measures<br />
are reduced <strong>and</strong> loose statistical significance.<br />
15 Note that the control variables yield expected f<strong>in</strong>d<strong>in</strong>gs. Full estimation results are therefore not<br />
discussed but are available upon request.<br />
16 Results from the RE models are not given, s<strong>in</strong>ce they are qualitatively similar <strong>to</strong> those from the<br />
HTIV models.<br />
17 Results from the RE models are aga<strong>in</strong> not provided, as they are qualititatively similar <strong>to</strong> the HTIV<br />
results.<br />
18 This is a valuable f<strong>in</strong>d<strong>in</strong>g, s<strong>in</strong>ce it <strong>in</strong>dicates that analyses that are based on either personality<br />
dimensions (He<strong>in</strong>eck, 2007) or <strong>cognitive</strong> <strong>abilities</strong> only (Anger <strong>and</strong> He<strong>in</strong>eck, 2008) do not suffer from<br />
a severe omitted variable bias.<br />
46
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