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

Marco Angrisani, Marco Cipriani, Antonio Guarino, Ryan Kendall () and Julen Ortiz de Zarate Pina ()
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Ryan Kendall: https://www.sites.google.com/site/ryanakendall/

No 1055, Staff Reports from Federal Reserve Bank of New York

Abstract: 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.

Keywords: Non-cognitive skills; COVID-19; professional traders (search for similar items in EconPapers)
JEL-codes: C93 D91 G40 (search for similar items in EconPapers)
Pages: 29
Date: 2023-02-01
New Economics Papers: this item is included in nep-cbe, nep-des, nep-exp and nep-neu
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Related works:
Journal Article: Non-Cognitive Skills at the Time of COVID-19: An Experiment with Professional Traders and Students (2024)
Working Paper: Noncognitive Skills at the Time of COVID-19: An Experiment with Professional Traders and Students (2023)
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