IDEAS home Printed from https://ideas.repec.org/p/pai/wpaper/16-13.html
   My bibliography  Save this paper

First impressions matter for life: the contribution of skills for the firt job

Author

Listed:
  • Gustavo Yamada

    (Universidad del Pacífico)

  • Pablo Lavado

    (Universidad del Pacífico)

  • Ana Paula Franco

    (Universidad del Pacífico)

  • Emilia Abusada

    (Universidad del Pacífico)

Abstract

This paper develops a model which provides a characterization of the joint distribution of the duration of search, accepted wages and skills with unobserved heterogeneity based on Eckstein and Wolpin (1995). We aim to estimate the effect of cognitive and socio-emotional skills on first job wages and duration of job search. Observed and unobserved heterogeneity are exploited as sources of identification. The data is drawn from the 2010 ENHAB which has not been used for this purpose before and which contains full retrospective information on first job outcomes and children. The model is estimated through a maximization of the joint Likelihood. Preliminary results regarding wages show that socio-emotional skills are the most valued among high skilled individuals, whereas cognitive skills are the most valued among low skilled individuals. Predicted wages for type I individuals are always above the observed wage, for every schooling level. Regarding duration of first job search, results show that the socio-emotional high skilled individual receives more job offers than the cognitive high skilled with the same schooling level.

Suggested Citation

  • Gustavo Yamada & Pablo Lavado & Ana Paula Franco & Emilia Abusada, 2016. "First impressions matter for life: the contribution of skills for the firt job," Working Papers 16-13, Centro de Investigación, Universidad del Pacífico.
    • Handle: RePEc:pai:wpaper:16-13
    as

    Download full text from publisher

    File URL: http://repositorio.up.edu.pe/bitstream/handle/11354/1433/DD1613.pdf?sequence=1&isAllowed=y
    File Function: Application/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Karen Macours & Norbert Schady & Renos Vakis, 2012. "Cash Transfers, Behavioral Changes, and Cognitive Development in Early Childhood: Evidence from a Randomized Experiment," American Economic Journal: Applied Economics, American Economic Association, vol. 4(2), pages 247-273, April.
    2. James Heckman & Flavio Cunha, 2007. "The Technology of Skill Formation," American Economic Review, American Economic Association, vol. 97(2), pages 31-47, May.
    3. Richard C. Edwards, 1976. "Individual Traits and Organizational Incentives: What Makes a "Good" Worker?," Journal of Human Resources, University of Wisconsin Press, vol. 11(1), pages 51-68.
    4. Eric A. Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Journal of Economic Literature, American Economic Association, vol. 46(3), pages 607-668, September.
    5. Flavio Cunha & James J. Heckman & Susanne M. Schennach, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," Econometrica, Econometric Society, vol. 78(3), pages 883-931, May.
    6. Kuhn, Peter J. & Weinberger, Catherine, 2002. "Leadership Skills and Wages," IZA Discussion Papers 482, Institute of Labor Economics (IZA).
    7. James J. Heckman & Jora Stixrud & Sergio Urzua, 2006. "The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior," Journal of Labor Economics, University of Chicago Press, vol. 24(3), pages 411-482, July.
    8. Juan F. Castro & Gustavo Yamada & Omar Arias, 2011. "Higher education decisions in Peru : on the role of financial constraints, skills, and family background," Working Papers 11-14, Centro de Investigación, Universidad del Pacífico.
    9. Brunello, Giorgio & Schlotter, Martin, 2011. "Non Cognitive Skills and Personality Traits: Labour Market Relevance and their Development in Education & Training Systems," IZA Discussion Papers 5743, Institute of Labor Economics (IZA).
    10. Cawley, John & Heckman, James & Vytlacil, Edward, 2001. "Three observations on wages and measured cognitive ability," Labour Economics, Elsevier, vol. 8(4), pages 419-442, September.
    11. Christina Paxson & Norbert Schady, 2007. "Cognitive Development among Young Children in Ecuador: The Roles of Wealth, Health, and Parenting," Journal of Human Resources, University of Wisconsin Press, vol. 42(1).
    12. Jere R. Behrman & Yingmei Cheng & Petra E. Todd, 2004. "Evaluating Preschool Programs When Length of Exposure to the Program Varies: A Nonparametric Approach," The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 108-132, February.
    13. repec:idb:brikps:publication-detail,7101.html?id=32886 is not listed on IDEAS
    14. Karen Macours & Norbert Schady & Renos Vakis, 2012. "Cash Transfers, Behavioral Changes, and Cognitive Development in Early Childhood: Evidence from a Randomized Experiment," American Economic Journal: Applied Economics, American Economic Association, vol. 4(2), pages 247-273, April.
    15. James Heckman & Tim Kautz, 2013. "Fostering and Measuring Skills: Interventions That Improve Character and Cognition," Working Papers 2013-019, Human Capital and Economic Opportunity Working Group.
    16. Melissa Osborne & Herbert Gintis & Samuel Bowles, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December.
    17. Pablo Lavado, 2014. "The Effect of a Child on Female Work when Family Planning May Fail," Working Papers wp2014_1405, CEMFI.
    18. World Bank, 2011. "Strengthening Skills and Employability in Peru : Final Report," World Bank Publications - Reports 12533, The World Bank Group.
    19. Jaison R. Abel & Richard Deitz & Yaquin Su, 2014. "Are recent college graduates finding good jobs?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 20.
    20. repec:cdl:ucsbec:2-02 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pablo Lavado & Gustavo Yamada & Ana Paula Franco & Emilia Abusada, 2015. "Skills for the First Job," Working Papers 59, Peruvian Economic Association.
    2. Elke Lüdemann, 2011. "Schooling and the Formation of Cognitive and Non-cognitive Outcomes," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 39.
    3. Samuel Berlinski & Norbert Schady, 2015. "Daycare Services: It’s All about Quality," Palgrave Macmillan Books, in: Samuel Berlinski & Norbert Schady (ed.), The Early Years, chapter 4, pages 91-119, Palgrave Macmillan.
    4. M. Caridad Araujo & Yyannu Cruz-Aguayo & Analia Jaimovich & Sharon Lynn Kagan, 2015. "Drawing Up an Institutional Architecture," IDB Publications (Book Chapters), in: Samuel Berlinski & Norbert Schady (ed.), The Early Years: Child Well-Being and the Role of Public Policy, edition 1, chapter 7, pages 179-202, Inter-American Development Bank.
    5. Norbert Schady & Jere Behrman & Maria Caridad Araujo & Rodrigo Azuero & Raquel Bernal & David Bravo & Florencia Lopez-Boo & Karen Macours & Daniela Marshall & Christina Paxson & Renos Vakis, 2015. "Wealth Gradients in Early Childhood Cognitive Development in Five Latin American Countries," Journal of Human Resources, University of Wisconsin Press, vol. 50(2), pages 446-463.
    6. Weina Zhou & Andrew J. Hill, 2023. "The spillover effects of parental verbal conflict on classmates' cognitive and noncognitive outcomes," Economic Inquiry, Western Economic Association International, vol. 61(2), pages 342-363, April.
    7. Karen Macours, 2014. "Adoption and adaptation in developing country agriculture," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 95(1), pages 13-24.
    8. Flavio Cunha & James J. Heckman & Susanne M. Schennach, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," Econometrica, Econometric Society, vol. 78(3), pages 883-931, May.
    9. Flavio Cunha & James J. Heckman, 2009. "The Economics and Psychology of Inequality and Human DEvelopment," Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 320-364, 04-05.
    10. Filippin, Antonio & Paccagnella, Marco, 2012. "Family background, self-confidence and economic outcomes," Economics of Education Review, Elsevier, vol. 31(5), pages 824-834.
    11. Bernal, Raquel & Fernández, Camila, 2013. "Subsidized childcare and child development in Colombia: Effects of Hogares Comunitarios de Bienestar as a function of timing and length of exposure," Social Science & Medicine, Elsevier, vol. 97(C), pages 241-249.
    12. Florencia Torche, 2018. "Prenatal Exposure to an Acute Stressor and Children’s Cognitive Outcomes," Demography, Springer;Population Association of America (PAA), vol. 55(5), pages 1611-1639, October.
    13. Jorge Cuartas & Arturo Harker & Andrés Moya, 2016. "Parenting, Scarcity and Violence: Theory and Evidence for Colombia," Documentos CEDE 15287, Universidad de los Andes, Facultad de Economía, CEDE.
    14. Eckhardt Bode & Lucia Perez Villar, 2017. "Creativity, education or what? On the measurement of regional human capital," Papers in Regional Science, Wiley Blackwell, vol. 96, pages 51-67, March.
    15. Attanasio, Orazio P. & Lopez Boo, Florencia & Perez-Lopez, Diana & Reynolds, Sarah Anne, 2023. "Inequality in the Early Years in LAC: A Comparative Study of Size, Persistence, and Policies," IDB Publications (Working Papers) 13316, Inter-American Development Bank.
    16. C. Dannemann & Erkan Goeren, 2018. "The Educational Burden of ADHD: Evidence From Student Achievement Test Scores," Working Papers V-408-18, University of Oldenburg, Department of Economics, revised Apr 2018.
    17. Martin Schlotter & Ludger Wößmann, 2010. "Frühkindliche Bildung und spätere kognitive und nichtkognitive Fähigkeiten: deutsche und internationale Evidenz," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 79(3), pages 99-120.
    18. Busso, Matías & Bassi, Marina & Urzúa, Sergio & Vargas, Jaime, 2012. "Disconnected: Skills, Education, and Employment in Latin America," IDB Publications (Books), Inter-American Development Bank, number 427, November.
    19. Emmanuel Ngoy & Carla Sá & Paula Veiga, 2024. "Exploring socioeconomic-related inequality in children’s cognitive achievement in Peru," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 22(3), pages 809-832, September.
    20. Krishnakumar, Jaya & Nogales, Ricardo, 2020. "Education, skills and a good job: A multidimensional econometric analysis," World Development, Elsevier, vol. 128(C).

    More about this item

    Keywords

    Cognitive skills; socioemotional skills; first job; wages; job search;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pai:wpaper:16-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Giit (email available below). General contact details of provider: https://edirc.repec.org/data/deiuppe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.