@TechReport{iza:izadps:dp8203,
            	author={Schurer, Stefanie},
            	title={Bouncing Back from Health Shocks: Locus of Control, Labor Supply, and Mortality},
            	year={2014},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={8203},
            	url={https://www.iza.org/index.php/publications/dp8203},
	abstract={Policy-makers worldwide are embarking on school programmes aimed at boosting students' resilience. One facet of resilience is a belief about cause and effect in life, locus of control. I test whether positive control beliefs work as a psychological buffer against health shocks in adulthood. To identify behavioural differences in labour supply, I focus on a selected group of full-time employed men of working age and similar health.
Men with negative control beliefs, relative to men with positive beliefs, are 230-290% more likely to work part-time or drop out of the labour market after a health shock. In old age men with negative control beliefs are by a factor of 2.7 more likely to die after a health shock. The heterogeneous labour supply responses are also observed for other non-cognitive skills, but only for the ones which correlate with control beliefs. Interventions aimed at correcting inaccurate beliefs and negative perceptions may be a low-cost tool to moderate rising public expenditures on social protection and health care.},
	keywords={non-cognitive skills;locus of control;labor supply;mortality;health shocks;SOEP},
            }