Locus of Control and Investment in Training
We extend standard models of work-related training by explicitly incorporating workers’ locus of control into the investment decision through the returns they expect. Our model predicts that higher internal control results in increased take-up of general, but not specific, training. This prediction...
Main Authors: | Caliendo, M. (Author), Cobb-Clark, D.A (Author), Obst, C. (Author), Seitz, H. (Author), Uhlendorff, A. (Author) |
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Format: | Article |
Language: | English |
Published: |
University of Wisconsin Press
2022
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Online Access: | View Fulltext in Publisher |
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