RT Journal Article SR Electronic T1 Locus of Control and Human Capital Investment Revisited JF Journal of Human Resources JO J Hum Resour FD University of Wisconsin Press SP 919 OP 932 DO 10.3368/jhr.XLII.4.919 VO XLII IS 4 A1 Merve Cebi YR 2007 UL http://jhr.uwpress.org/content/XLII/4/919.abstract 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.