LOCUS OF CONTROL AND JOB SEARCH STRATEGIES

• 成果类型: Article
• 署名作者: Caliendo, Marco; Cobb-Clark, Deborah A.; Uhlendorff, Arne
• 署名单位: University of Potsdam; IZA Institute Labor Economics; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung; University of Melbourne; IZA Institute Labor Economics; University of Mannheim
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00459
• 发表日期: 2015-03
• 页码: 88-103
• 关键词: internal-external attitudes; labor-market experience; personality; unemployment; EMPLOYMENT; duration; efficacy; outcomes; program; women

摘要

Standard job search theory assumes that unemployed individuals have perfect information about the effect of their search effort on the job offer arrival rate. We present an alternative model that assumes that each individual has a subjective belief about the impact of her search effort on the job arrival. These beliefs depend in part on an individual's locus of control. We estimate the impact of locus of control on job search behavior using a data set of newly unemployed individuals in Germany. Consistent with our theoretical predictions, we find evidence that individuals with an internal locus of control search more and that individuals who believe that their future outcomes are determined by external factors have lower reservation wages.