The Predictive Power of Self-Control for Life Outcomes

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Cobb-Clark, Deborah A, Dahmann, Sarah C, Kamhöfer, Daniel A, Schildberg-Hörisch, Hannah
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2021
• Subjects: Self control

This study investigates the predictive power of self-control for individuals and their children using population representative data. We use the well-established Brief Self-Control Scale to demonstrate that people's trait self-control is highly predictive of their life outcomes. Higher self-con...