@article {Cebi919, author = {Merve Cebi}, title = {Locus of Control and Human Capital Investment Revisited}, volume = {XLII}, number = {4}, pages = {919--932}, year = {2007}, doi = {10.3368/jhr.XLII.4.919}, publisher = {University of Wisconsin Press}, abstract = {This paper examines the effect of teenagers{\textquoteright} outlooks{\textemdash}specified as their locus of control{\textemdash}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{\textemdash}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.}, issn = {0022-166X}, URL = {https://jhr.uwpress.org/content/XLII/4/919}, eprint = {https://jhr.uwpress.org/content/XLII/4/919.full.pdf}, journal = {Journal of Human Resources} }