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Home | News | Paper by Thomas Buser and Hessel Oosterbeek accepted for the The Review of Economics and Statistics
News | May 22, 2024

Paper by Thomas Buser and Hessel Oosterbeek accepted for the The Review of Economics and Statistics

The article 'Can Competitiveness Predict Education and Labor Market Outcomes? Evidence from Incentivized Choice and Survey Measures' by research fellows Thomas Buser and Hessel Oosterbeek (University of Amsterdam), together with co-author Muriel Niederle (Stanford University), has been accepted for The Review of Economics and Statistics.

Paper by Thomas Buser and Hessel Oosterbeek accepted for the The Review of Economics and Statistics

Abstract
We assess the predictive power of two measures of competitiveness for education and labor market outcomes using a large, representative survey panel. The first is incentivized and is an online adaptation of the laboratory-based Niederle-Vesterlund measure. The second is an unincentivized survey question eliciting general competitiveness. Both measures are strong predictors of income, occupation, level of education and field of study. The predictive power of the new unincentivized measure is robust to controlling for other traits, including risk attitudes, confidence and the Big Five personality traits. For most outcomes, the predictive power of competitiveness exceeds that of the other traits.

Article citation
Thomas Buser, Muriel Niederle, Hessel Oosterbeek; Can Competitiveness Predict Education and Labor Market Outcomes? Evidence from Incentivized Choice and Survey Measures. The Review of Economics and Statistics 2024; doi: https://doi.org/10.1162/rest_a_01439.