Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200360 
Year of Publication: 
2017
Series/Report no.: 
Budapest Working Papers on the Labour Market No. BWP - 2017/9
Publisher: 
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies, Budapest
Abstract (Translated): 
Non-cognitive skills are important predictors of success on the labour market and in many areas of economic and social life. This paper explores the current literature on the economics of non-cognitive skill formation and the most important explanatory factors behind the recent boost of the predictive power of non-cognitive skills over life cycles. It shows how the ongoing information revolution changes the task content of professions and how this change can re-evaluate the returns of cognitive and non-cognitive skills on the labour market. The most effective tools of noncognitive skill development in different life periods are discussed and the results of the impact evaluation of different measures are summarized.
Subjects: 
non-cognitive skills
technological revolution
human capital investment
education policy
JEL: 
I21
I26
I28
J24
Z13
ISBN: 
978-615-5754-09-8
Document Type: 
Working Paper

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