Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/152342 
Year of Publication: 
2015
Citation: 
[Journal:] IZA Journal of Labor Economics [ISSN:] 2193-8997 [Volume:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2015 [Pages:] 1-19
Publisher: 
Springer, Heidelberg
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.
Subjects: 
Locus of control
Labor markets
Human capital
JEL: 
J18
J20
J24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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