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Locus of Control and Job Turnover

Listed author(s):
  • Taehyun Ahn

    ()

    (School of Economics, Sogang University, SEOUL)

In this paper, I investigate how a worker¡¯s locus of control, the perception of control over daily events, affects job-to-job and job-to-nonemployment turnover. I find that an increase in internality?the degree to which respondents believe that the outcomes of their life events are determined by their own actions versus external factors?increases job-to-job transitions. In addition, the data reveal that the annual wage growth rate and the wage gains from job-to-job transitions increase with internality. The influence of locus of control on job-to-nonemployment turnover, however, is insignificant once the worker¡¯s level of attained education is controlled for.

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File URL: ftp://163.239.156.99/wpaper/ATH_RIME_2014_05.pdf
File Function: first version, 2014
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Paper provided by Research Institute for Market Economy, Sogang University in its series Working Papers with number 1405.

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Length: 38 pages
Date of creation: 2013
Date of revision: 2014
Handle: RePEc:sgo:wpaper:1405
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Phone: 82-2-705-8226
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Web page: http://econdept.sogang.ac.kr/laboratory/information.do
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  1. Barón, Juan D. & Cobb-Clark, Deborah A., 2010. "Are Young People's Educational Outcomes Linked to their Sense of Control?," IZA Discussion Papers 4907, Institute for the Study of Labor (IZA).
  2. Hansen, Karsten T. & Heckman, James J. & Mullen, K.J.Kathleen J., 2004. "The effect of schooling and ability on achievement test scores," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 39-98.
  3. Piatek, Rémi & Pinger, Pia, 2010. "Maintaining (Locus of) Control? Assessing the Impact of Locus of Control on Education Decisions and Wages," IZA Discussion Papers 5289, Institute for the Study of Labor (IZA).
  4. Pierre Cahuc & André Zylberberg, 2004. "Labor Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 026203316x, December.
  5. James J. Heckman & John Eric Humphries & Sergio Urzua & Gregory Veramendi, 2010. "The effects of educational choices on labor market, health, and social outcomes," Working Papers 2011-002, Human Capital and Economic Opportunity Working Group.
  6. Goldsmith, Arthur H & Veum, Jonathan R & Darity, William, Jr, 1997. "The Impact of Psychological and Human Capital on Wages," Economic Inquiry, Western Economic Association International, vol. 35(4), pages 815-829, October.
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