Locus of control and the labor market
Deborah Cobb-Clark
IZA Journal of Labor Economics, 2015, vol. 4, issue 1, 1-19
Abstract:
This paper reviews the role of locus of control in the labor market. I begin with a discussion of the conceptual origins of locus of control, including its relationship to related concepts such as self-efficacy, motivation, and self-control. The relationship between locus of control and labor market success is then summarized. In doing so, I pay careful attention to what we know about three potential mechanisms – human capital investments, hiring decisions, and optimal incentive contracts – through which locus of control might operate. Finally, the broader implications of these relationships for public policy and future research are discussed. Copyright Cobb-Clark; licensee Springer. 2015
Keywords: J18; J20; J24; Locus of control; Labor markets; Human capital (search for similar items in EconPapers)
Date: 2015
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Working Paper: Locus of Control and the Labor Market (2014)
Working Paper: Locus of Control and the Labor Market (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:izalbr:v:4:y:2015:i:1:p:1-19:10.1186/s40172-014-0017-x
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DOI: 10.1186/s40172-014-0017-x
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