Arbeitspapier

Locus of Control and the Labor Market

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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 8678

Klassifikation
Wirtschaft
Labor Economics: General
Labor Economics Policies
Thema
locus of control
labor market
behavioral economics

Ereignis
Geistige Schöpfung
(wer)
Cobb-Clark, Deborah A.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Cobb-Clark, Deborah A.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2014

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