Noncognitive Skills at the Time of COVID-19: An Experiment with Professional Traders and Students

Working Paper: CEPR ID: DP17968

Authors: Marco Angrisani; Marco Cipriani; Antonio Guarino; Ryan Kendall; Julen Ortiz de Zárate Pina

Abstract: We study the stability of non-cognitive skills by comparing experimental data 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 non-cognitive skills remain constant (except Conscientiousness). Our findings provide evidence against the stability of some non-cognitive skills, particularly among professional traders.

Keywords: experiments; noncognitive skills; professional traders

JEL Codes: C93; G41


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
Covid19 pandemic (H12)Agreeableness (professional traders) (G40)
Covid19 pandemic (H12)Locus of control (professional traders) (G41)
Covid19 pandemic (H12)Grit (professional traders) (G41)
Covid19 pandemic (H12)Conscientiousness (undergraduate students) (D29)
Negative experiences of the pandemic (E71)Noncognitive skills (professional traders) (G41)

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