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Noncognitive skills at the time of COVID-19: an experiment with professional traders and students

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Bibliographic Details
Authors and Corporations: Angrisani, Marco (Author), Cipriani, Marco (Author), Guarino, Antonio (Author), Kendall, Ryan (Author), Ortiz de Zarate Pina, Julen (Author)
Other Authors: Cipriani, Marco [Author] • Guarino, Antonio [Author] • Kendall, Ryan [Author] • Ortiz de Zarate Pina, Julen [Author]
Type of Resource: E-Book
Language: English
published:
Series: Federal Reserve Bank of New York: Staff reports ; no. 1055 (February 2023)
Subjects:
noncognitive skills
COVID-19
professional traders
Graue Literatur
Source: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
Description
Summary: We study the stability of noncognitive skills by comparing experimental results gathered before and during the COVID-19 pandemic. Using a sample of professional traders, we find a significant decrease in agreeableness and locus of control and a moderate decrease in grit. These patterns are primarily driven by those with more negative experiences of the pandemic. Other skills, such as trust, conscientiousness, and self-monitoring, are unchanged. We contrast these results with those from a sample of undergraduate students whose noncognitive skills remain constant (except conscientiousness). Our findings provide evidence against the stability of noncognitive skills, particularly among professional traders.
Physical Description: 1 Online-Ressource (circa 29 Seiten); Illustrationen