Locus of Control and Human Capital Investment Revisited
用NLSY数据复制Coleman和DeLeire的研究，发现控制认知能力后，青少年的控制点对教育成果无显著影响，但会影响后期劳动力市场表现。
Abstract 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.