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  1. The creativity premium
    Erschienen: May 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and their interactions with others. In this paper, we emphasize creativity as a key skill that is essential to open-ended problem solving... mehr

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    Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and their interactions with others. In this paper, we emphasize creativity as a key skill that is essential to open-ended problem solving and resistant to automation. We use rich longitudinal data to study the relationship between people's creativity measured in childhood and their individual attributes and life outcomes. We find that childhood creativity predicts labor market and educational success: more creative individuals earn more during the course of their careers, work in higher occupational categories, and reach higher levels of educational attainment. Our analysis of attributes further suggests that creative individuals have a package of practical skills that allows them to thrive in work environments where learning from experience is important. We combine insights from our findings with evidence from psychology to propose creativity-improving interventions that could lead to substantial economic benefits.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/236452
    Schriftenreihe: Discussion paper series / IZA ; no. 14421
    Schlagworte: creativity; skills; life outcomes; children; longitudinal; labor market; wages; earnings; occupational category; educational attainment; practical skills; experience; cognitive ability; human capital
    Umfang: 1 Online-Ressource (circa 40 Seiten)
  2. The creativity premium
    exploring the link between childhood creativity and life outcomes
    Erschienen: [2023]
    Verlag:  [Krannert School of Management, Purdue University, Institute for Research in the Behavioral, Economic, and Management Sciences], [West Lafayette, Indiana]

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    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: This version: April 5, 2023
    Schriftenreihe: Purdue University Economics Department working paper ; no. 1333
    Schlagworte: Creativity; skills; life outcomes; children; longitudinal; labor market; wages; earnings; occupational category; educational attainment; practical skills; experience; cognitiveability; human capital
    Umfang: 1 Online-Ressource (circa 41 Seiten)