Abstract

It is easy to see that highly fatalistic, low-efficacy persons believe that their actions have little outcome. Because greater fatalism lowers an employee’s desired effort level, it may result in lower wages, while the anti-fatalistic attitude translates into more effective work that in turn may be rewarded with a higher salary. The examined self-confidence scale is very similar than the most widely used Rotter locus of control scale. People with high self confidence are determined, feel to have an influence on their future and are optimistic. I examine not only the wage-impact, but also human capital impact of self-confidence.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.