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