Are the best-paying jobs with the very best status accomplished by people of nice intelligence? Previous research discover job success to extend with cognitive means, however don’t look at how, conversely, means varies with job success. Stratification theories counsel that social background and cumulative benefit dominate cognitive means as determinants of excessive occupational success. This leads us to hypothesize that among the many comparatively profitable, common means is concave in revenue and status. We draw on Swedish register knowledge containing measures of cognitive means and labour-market success for 59,000 males who took a obligatory navy conscription check. Strikingly, we discover that the connection between means and wage is powerful total, but above €60,000 per yr means plateaus at a modest degree of +1 normal deviation. The highest 1 per cent even rating barely worse on cognitive means than these within the revenue strata proper beneath them. We observe an analogous however much less pronounced plateauing of means at excessive occupational status.
That’s from a brand new paper by Marc Keuschnigg, Arnout van de Rijt3, and Thijs Bol.
By way of Steve Stewart-Williams.
The publish The plateauing of cognitive means amongst prime earners appeared first on Marginal REVOLUTION.
