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Locus of Control and Job Turnover

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  • Taehyun Ahn

    (School of Economics, Sogang University, SEOUL)

Abstract

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.

Suggested Citation

  • Taehyun Ahn, 2014. "Locus of Control and Job Turnover," Working Papers 1405, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), revised 2014.
    • Handle: RePEc:sgo:wpaper:1405
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    References listed on IDEAS

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    Cited by:

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    2. Cheng, Zhiming & Guo, Liwen & Smyth, Russell & Tani, Massimiliano, 2022. "Childhood adversity and energy poverty," Energy Economics, Elsevier, vol. 111(C).
    3. Pons Rotger, Gabriel & Rosholm, Michael, 2020. "The Role of Beliefs in Long Sickness Absence: Experimental Evidence from a Psychological Intervention," IZA Discussion Papers 13582, IZA Network @ LISER.
    4. Preuss, Malte & Hennecke, Juliane, 2017. "Biased by success and failure: How unemployment shapes stated locus of control," Discussion Papers 2017/29, Free University Berlin, School of Business & Economics.
    5. Xue, Sen & Kidd, Michael P. & Le, Anh.T. & Kirk, Kathy & Martin, Nicholas G., 2020. "The role of locus of control in adulthood outcomes: Evidence from Australian twins," Journal of Economic Behavior & Organization, Elsevier, vol. 179(C), pages 566-588.
    6. Pinger, Pia & Schäfer, Sebastian & Schumacher, Heiner, 2018. "Locus of control and consistent investment choices," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 75(C), pages 66-75.
    7. Szabó-Morvai, Ágnes & Kiss, Hubert János & Károlyi, Róbert, 2023. "Kontrollhely Magyarországon - egy reprezentatív felmérés eredményei [Locus of Control in Hungary: The results of a representative survey]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 847-871.
    8. Caliendo, Marco & Cobb-Clark, Deborah A. & Hennecke, Juliane & Uhlendorff, Arne, 2019. "Locus of control and internal migration," Regional Science and Urban Economics, Elsevier, vol. 79(C).
    9. Ahn, Taehyun & Goh, Young-Geun, 2021. "The long-term influences of ability mixing on soft skills," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 367-386.
    10. Preuss, Malte & Hennecke, Juliane, 2018. "Biased by success and failure: How unemployment shapes locus of control," Labour Economics, Elsevier, vol. 53(C), pages 63-74.
    11. Jacob Nielsen Arendt & Henrik Lindegaard Andersen & Morten Saaby, 2020. "The Relationship between Active Labor Market Programs and Employability of the Long‐Term Unemployed," LABOUR, CEIS, vol. 34(2), pages 154-175, June.
    12. Marco Caliendo & Deborah A. Cobb-Clark & Cosima Obst & Helke Seitz & Arne Uhlendorff, 2022. "Locus of Control and Investment in Training," Journal of Human Resources, University of Wisconsin Press, vol. 57(4), pages 1311-1349.
    13. Pinger, Pia & Schäfer, Sebastian & Schumacher, Heiner, 2018. "Locus of control and consistent investment choices," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 75(C), pages 66-75.
    14. Kamal, Mustafa & Blacklow, Paul, 2022. "Self-control and risk aversion in the Australian gender wage gap," Working Papers 2022-01, University of Tasmania, Tasmanian School of Business and Economics.

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    Keywords

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    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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