The Differential Returns to Cognitive Ability in the Labour and Capital Market

Research on Monday Seminar
Image - Soldiers
Speaker

Daniel Waldenstrom

Date
Monday 5 Dec 2022, 14:30 - 15:30
Type
Seminar
Room
2-22
Building
Polak Building
Registration Add to calendar
Image - Soldiers

We study the returns to cognitive ability in the labour and capital market. Using population-wide Swedish military enlistment data and administrative tax records, we find that ability matters significantly more for capital income than for labour earnings.

This result persists after controlling for savings, bequests, educational attainment, occupational choice, and the parental economic position. The pattern is similar for men and women, surprisingly robust over time, and larger pre-tax than post-tax. In addition, cognitive ability is significantly positively correlated with wealth returns.

Registration

To participate or to meet the speaker for a bilateral, lunch or dinner, please register online.

See also

Why and when local elections become hijacked by national issues

Jori Korpershoek (Erasmus School of Economics)
European Union

Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?

Yao Chen (Erasmus School of Economics)
Image - Red Pencil

Electoral Turnovers

Vincent Pons (Harvard Business School)

The Psychological Gains from COVID-19 Vaccination: Who Benefits the Most?

Daniel Waldenstrom (Uppsala University)

6th Erasmus Corporate Governance Conference

A one-day workshop which brings together scholars of Executive Compensation and other fields of Corporate Governance

Compare @count study programme

  • @title

    • Duration: @duration
Compare study programmes