If Life Throws You Lemons Try To Make Lemonade: Does Locus of Control Help People Cope with Unexpected Shocks

@inproceedings{Stillman2016IfLT,
  title={If Life Throws You Lemons Try To Make Lemonade: Does Locus of Control Help People Cope with Unexpected Shocks},
  author={Steven Stillman and Malathi Velamuri},
  year={2016}
}
A number of recent papers have found that non-cognitive skills and in particular, locus of control (LoC), are important predictors of success in life in terms of both traditional labor market and socioeconomic outcomes, and measures of subjective wellbeing. Specifically, the literature has found a strong correlation between having an internal locus of control and standard measures of success and happiness. In this paper, we examine whether having an internal LoC also helps people manage the… CONTINUE READING

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