Locus of Control and Job Turnover
No 1405, Working Papers from Research Institute for Market Economy, Sogang University
In this paper, I investigate how a worker¡¯s locus of control, the perception of control over daily events, affects job-to-job and job-to-nonemployment turnover. I find that an increase in internality?the degree to which respondents believe that the outcomes of their life events are determined by their own actions versus external factors?increases job-to-job transitions. In addition, the data reveal that the annual wage growth rate and the wage gains from job-to-job transitions increase with internality. The influence of locus of control on job-to-nonemployment turnover, however, is insignificant once the worker¡¯s level of attained education is controlled for.
Keywords: Locus of control; turnover (search for similar items in EconPapers)
JEL-codes: D83 J63 (search for similar items in EconPapers)
Date: 2013, Revised 2014
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Journal Article: LOCUS OF CONTROL AND JOB TURNOVER (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:sgo:wpaper:1405
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