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Does Internal Locus of Control Get You Out of Homelessness?

Author

Listed:
  • Budría, Santiago

    (Universidad Nebrija)

  • Betancourt-Odio, Alejandro

    (Universidad Pontificia Comillas)

  • Wirth, Eszter

    (Universidad Pontificia Comillas)

Abstract

This paper examines the role of internal locus of control in shaping transitions into homelessness. The data is taken from a longitudinal Australian dataset drawn from a sample of vulnerable individuals. The results, based on a Wooldridge Conditional Maximum Likelihood (WCML) estimator, show that individuals high in internal locus of control are significantly less likely to enter a homeless episode.

Suggested Citation

  • Budría, Santiago & Betancourt-Odio, Alejandro & Wirth, Eszter, 2023. "Does Internal Locus of Control Get You Out of Homelessness?," IZA Discussion Papers 16242, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp16242
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    References listed on IDEAS

    as
    1. Marco Caliendo & Deborah A. Cobb-Clark & Cosima Obst & Helke Seitz & Arne Uhlendorff, 2022. "Locus of Control and Investment in Training," Journal of Human Resources, University of Wisconsin Press, vol. 57(4), pages 1311-1349.
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    6. Deborah A. Cobb‐Clark & Stefanie Schurer, 2013. "Two Economists' Musings on the Stability of Locus of Control," Economic Journal, Royal Economic Society, vol. 0, pages 358-400, August.
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    More about this item

    Keywords

    locus of control; homelessness; dynamic probit model;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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