Locus of control and the labor market

By D. Cobb-Clark. Social Science Research Network, 2015

154 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics, Safety Research

View Paper: https://www.semanticscholar.org/paper/dbcf91298ada6d87950e5cbfcee5903b7d0faa9e