Kontrollhely Magyarországon: Egy reprezentatív felmérés eredményei

Arbeitspapier

In our study, we present the concept of locus of control, a non-cognitive ability that is increasingly researched in economics. We then review the economic literature on locus of control and show that people who believe they are in control of their lives are more successful in many areas of life. After that, we examine the data of a representative Hungarian survey, in which we mostly see the correlations revealed by the literature. The locus of control becomes more and more internal in the respondents' 20s and 30s, and then becomes more and more external again after the age of 40. In our sample, men on average have a more internal locus of control than women, and a more internal locus of control is associated with higher education and higher income. At the same time, we do not find a significant correlation between locus of control and labor market status. We find that those with more internal locus of control accumulate significantly more savings and less debt.

Object Details

• Language: Ungarisch

References and Relationships

• Bibliographic citation: Series: KRTK-KTI Working Papers ; No. KRTK-KTI WP - 2023/02

Classification and Topics

• Classification: Wirtschaft ; Microeconomic Behavior: Underlying Principles ; Household Saving; Personal Finance ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
• Subject: locus of control ; education ; income ; finances

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Károlyi, Róbert ; Kiss, Hubert János ; Szabó-Morvai, Ágnes
• Event: Veröffentlichung
• (who): Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
• (where): Budapest
• (when): 2023

Further information

• Handle: http://hdl.handle.net/10419/282223
• Last update: 10.03.2025, 11:42 AM CET