2007
DOI: 10.3368/jhr.xlii.4.919
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Locus of Control and Human Capital Investment Revisited

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Cited by 114 publications
(102 citation statements)
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“…Coleman and Deleire (2003) use NELS1988 to incorporate locus of control into a human capital investment model and show that teenagers with internal locus of control are more likely to make educational investments, such as complete high school and attend a fouryear college. On the other hand, Cebi (2007) replicates the Coleman and Deleire (2003) study using NLSY and suggest that locus of control is not a significant determinant of educational outcomes, even if it is rewarded in the labour market. Lundberg (2013) analyses the impact of cognitive ability and personality traits on college graduation in a recent cohort of young Americans, and how the returns to these traits vary by family background.…”
Section: Table 1 Herementioning
confidence: 78%
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“…Coleman and Deleire (2003) use NELS1988 to incorporate locus of control into a human capital investment model and show that teenagers with internal locus of control are more likely to make educational investments, such as complete high school and attend a fouryear college. On the other hand, Cebi (2007) replicates the Coleman and Deleire (2003) study using NLSY and suggest that locus of control is not a significant determinant of educational outcomes, even if it is rewarded in the labour market. Lundberg (2013) analyses the impact of cognitive ability and personality traits on college graduation in a recent cohort of young Americans, and how the returns to these traits vary by family background.…”
Section: Table 1 Herementioning
confidence: 78%
“…Coleman and Deleire (2003) NELS Probit A standard deviation increase in youths' sense of control results in a 2 to 3pp increase in the probability of completing high school. Cebi (2007) NLSY Probit A standard deviation increase in locus of control increases hourly wages by 2. 1 percent.…”
Section: Conclusion and Discussionmentioning
confidence: 99%
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“…Cameron and Heckman, 1993;Green and Riddell, 2003;Bronars and Oettinger, 2006;Anger and Heineck, 2008). Substantial returns to cognitive abilities have been found even when taking into account individuals' background characteristics and non-cognitive skills (Heckman et al, 2006;Mueller and Plug, 2006;Cebi, 2007;Heineck and Anger, 2008) which indicates that cognition plays an important role in socio-economic analyses. A recent article by Hanushek and Woessmann (2008) provides a broad overview of the literature on cognitive skills, emphasizing the importance of a population's cognitive abilities for economic growth.…”
Section: Literature Reviewmentioning
confidence: 99%