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Locus of Control and Human Capital Investment Revisited

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  • Merve Cebi

Abstract

This paper examines the effect of teenagers’ outlooks—specified as their locus of control—on educational attainment and labor market outcomes. I replicate the study of Coleman and DeLeire (2003) and test the predictions of their theoretical model using a different data set—National Longitudinal Survey of Youth (NLSY). The findings fail to support the predictions of the model and suggest that locus of control is not a significant determinant of educational outcomes once cognitive ability is controlled for; however, locus of control is rewarded in the labor market later in life.

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File URL: http://jhr.uwpress.org/cgi/reprint/XLII/4/919
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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Journal of Human Resources.

Volume (Year): 42 (2007)
Issue (Month): 4 ()
Pages:

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Handle: RePEc:uwp:jhriss:v:42:y:2007:i4:p919-932

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Web page: http://jhr.uwpress.org/

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