Biased by Success and Failure: How Unemployment Shapes Stated Locus of Control

Preuß, Malte; Hennecke, Juliane

doi:10.2139/ssrn.3098841

Cited by 2 publications

(2 citation statements)

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“…This outcome is in line with Meier and Sprenger (2015), who find stable time preferences using incentivized experiments but contrasts with the finding of Cassar, Healy, and von Kessler (2017) that experiencing a potentially decisive turning point in life, such as the 2004 tsunami in Thailand, affects impatience. Furthermore, in accord with Cobb‐Clark and Schurer (2013), who show that the LOC is rather stable and not related to, for example, health events, our results indicate that the LOC remains unaffected even in times of a global pandemic, whereas Preuss and Hennecke (2017) identify involuntary job loss as a trigger for a temporal shift in the LOC.…”

Section: Resultssupporting

confidence: 90%

The stability of personal traits and preferences in times of the Corona pandemic: Evidence from Germany

Osberghaus

Sommer

2023

Social Science Quarterly

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Based on panel data on around 5500 German households, this article analyzes whether the experience of financial losses due to the Corona pandemic has affected three kinds of personal traits and preferences: the willingness to take risks, patience, and the locus of control (LOC). Our empirical results indicate that patience and the LOC remain unchanged by the experience of pandemic‐related financial losses, whereas we find a negative effect of severe financial losses on risk‐taking, contrasting with the traditional assumption that such preferences are constant. In this respect, our heterogeneity analysis indicates that financial losses due to the Corona pandemic particularly affect the most vulnerable households, notably low‐income households and those with little income diversification.

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Section: Resultssupporting

confidence: 90%

The stability of personal traits and preferences in times of the Corona pandemic: Evidence from Germany

Osberghaus

Sommer

2023

Social Science Quarterly

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“…Thus, we treated internal and external control beliefs as two separate dimensions. However, because perceived control has often been conceptualized as a single bipolar dimension [ 21 , 45 – 48 , 56 , 57 ], we additionally considered total control beliefs. We revised the items for external control beliefs for the total score, so that lower total control beliefs scores indicate lower internal control beliefs/higher external control beliefs and higher total control beliefs scores indicate higher internal control beliefs/lower external control beliefs.…”

Section: Methodsmentioning

confidence: 99%

Personality growth after relationship losses: Changes of perceived control in the years around separation, divorce, and the death of a partner

Asselmann

Specht

2022

PLoS ONE

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Background Previous research suggests that romantic relationships play a crucial role for perceived control. However, we know surprisingly little about changes in perceived control before and after the end of romantic relationships. Methods Based on data from the Socio-Economic Panel Study (SOEP), a nationally representative household panel study from Germany, we examined changes of perceived control in the years around separation from a partner (N = 1,235), divorce (N = 423), and the death of a partner (N = 437). Results Multilevel analyses revealed that external control beliefs were higher in but not beyond the first year after separation from a partner. Internal and total control beliefs increased gradually in the years after separation. Moreover, internal control beliefs were higher in and especially beyond the first year after the death of a partner compared to the years before. No evidence was found that perceived control already changed in the years before relationship losses or in the years around a divorce. Conclusion Taken together, these findings point toward stress-related growth of perceived control after some relationship losses–especially separation and the death of a partner.

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Biased by Success and Failure: How Unemployment Shapes Stated Locus of Control

Cited by 2 publications

References 58 publications

The stability of personal traits and preferences in times of the Corona pandemic: Evidence from Germany

The stability of personal traits and preferences in times of the Corona pandemic: Evidence from Germany

Personality growth after relationship losses: Changes of perceived control in the years around separation, divorce, and the death of a partner

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