<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Jason Collins blog]]></provider_name><provider_url><![CDATA[http://jasoncollins.blog]]></provider_url><author_name><![CDATA[Jason Collins]]></author_name><author_url><![CDATA[https://jasoncollins.blog/author/jasonacollins/]]></author_url><title><![CDATA[Returns to self control &#8211; unemployment&nbsp;edition]]></title><type><![CDATA[link]]></type><html><![CDATA[<p><a href="http://pss.sagepub.com/content/early/2015/04/09/0956797615569001.full" target="_blank">A new paper in Psychological Science</a> by Michael Daly and friends:</p>
<blockquote><p>Childhood Self-Control and Unemployment Throughout the Life Span: Evidence From Two British Cohort Studies</p>
<p>The capacity for self-control may underlie successful labor-force entry and job retention, particularly in times of economic uncertainty. Analyzing unemployment data from two nationally representative British cohorts (N = 16,780), we found that low self-control in childhood was associated with the emergence and persistence of unemployment across four decades. On average, a 1-SD increase in self-control was associated with a reduction in the probability of unemployment of 1.4 percentage points after adjustment for intelligence, social class, and gender. From labor-market entry to middle age, individuals with low self-control experienced 1.6 times as many months of unemployment as those with high self-control. Analysis of monthly unemployment data before and during the 1980s recession showed that individuals with low self-control experienced the greatest increases in unemployment during the recession. Our results underscore the critical role of self-control in shaping life-span trajectories of occupational success and in affecting how macroeconomic conditions affect unemployment levels in the population.</p></blockquote>
<p>HT: <a href="http://economicspsychologypolicy.blogspot.com.au/2015/04/childhood-self-control-and-unemployment.html" target="_blank">Stirling Behavioural Science Blog</a></p>
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