PT - JOURNAL ARTICLE AU - Merve Cebi TI - Locus of Control and Human Capital Investment Revisited AID - 10.3368/jhr.XLII.4.919 DP - 2007 Oct 02 TA - Journal of Human Resources PG - 919--932 VI - XLII IP - 4 4099 - http://jhr.uwpress.org/content/XLII/4/919.short 4100 - http://jhr.uwpress.org/content/XLII/4/919.full SO - J Hum Resour2007 Oct 02; XLII AB - This paper examines the effect of teenagers’ outlooks—specified as their locus of control—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—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.