In this paper we consider the role of behavioural traits (self-confidence, decomposed into selfefficacy and self-liking) as potential determinants of academic career. While we find confirmation of previous results in the literature with respect to previous schooling and parental education, we do not find indication of robust effects from these traits. Both measures correlate positively with academic performance, but when potential endogeneity is accounted for through the use of instrumental variable estimation techniques, they lose statistical significance. In addition, if we consider a more general model where both behavioural traits and academic performance are jointly determined, we find that self-liking is endogenous to the joint process, whereas academic performance and self-efficacy reinforce each other.
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Paper provided by Department of Economics University of Milan Italy in its series Departemental Working Papers with number
2003-30.
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