Choosing the Pond: On-the-Job Experience and Long-Run Career Outcomes

@article{Gong2018ChoosingTP,
  title={Choosing the Pond: On-the-Job Experience and Long-Run Career Outcomes},
  author={Jie Gong and Ang Sun and Zhichao Wei},
  journal={Manag. Sci.},
  year={2018},
  volume={64},
  pages={860-872}
}
This paper investigates the value of on-the-job experience for workers’ long-run career outcomes. We exploit the effects of team relegation in professional soccer by contrasting players on teams just below and just above the cutoff point of relegation. We find that players on teams relegated to a lower division have more match appearances in the short run, and they play in better leagues and earn higher wages in the long run. This gain is concentrated among individuals who are young or less… Expand
Firm choice and career success - theory and evidence
Abstract We investigate how the decision of workers to join a specific type of firm affects their future career opportunities. Workers can either join a very competitive firm (big pond) or a lessExpand
Firm Choice and Career Success — Theory and Evidence
We investigate how the decision of workers to join a specific type of firm affects their future career opportunities. Workers can either join a very competitive firm (big pond) or a less competitiveExpand
Player Value and the Stigma of Relegation: Regression Discontinuity Evidence from the Spanish Primera División
  • 2017
Organizational failure stigma may prove harmful for employees and managers, but research has yet to determine when stigma arises in the aftermath of failure. We study the existence of stigma in aExpand
The impact of participation in pan-European competition on domestic performance in association football
ABSTRACT Research question: This paper empirically examines whether participation in the group stage of the UEFA Europa League has a causal impact on the performance of teams in national leagues. AnExpand
Countries for Old Men: An Analysis of the Age Wage Gap
In the last three decades, the wages of older workers in many high-income countries grew at a much faster rate than the wages of younger workers. This paper uses extensive administrative data fromExpand
Consistently Mediocre: Modular Collaboration and Organizational Performance
We explore the relationship between modularity in the collaboration patterns among individual employees and the level and variance of organizational performance. Using remarkably fine-grained dataExpand
Career Spillovers in Internal Labor Markets∗
This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities. We exploit a 2011 Italian pension reform that unexpectedly tightened eligibilityExpand
Earning More by Selling Less in the Sharing Economy: The Secret of Provider Experience
The sharing economy, enabled by digital platforms which connect providers and consumers for peer-to-peer exchanges, has experienced rapid growth in recent years. Although researchers have attemptedExpand
Less Information, More Comparison, and Better Performance: Evidence from a Field Experiment
We use a field experiment in professional sports to compare effects of providing absolute, relative, or both absolute and relative measures in performance reports for employees. Although studies haveExpand
Running with a Mask? The Effect of Air Pollution on Marathon Runners' Performance
Using a sample of over 0.3 million marathon runners in 37 cities and 55 races in China in 2014 and 2015, we estimate the air pollution elasticity of finish time to be 0.041. Our causal identificationExpand
...
1
2
...

References

SHOWING 1-10 OF 20 REFERENCES
Do Star Performers Produce More Stars? Peer Effects and Learning in Elite Teams
This study investigates the professional soccer industry to ask whether the talent of an individual's co-workers helps explain differences in the rate of human capital accumulation on the job. DataExpand
Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority
  • R. Topel
  • Economics
  • Journal of Political Economy
  • 1991
The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of specific human capital, as well as other widely accepted theories of compensation.Expand
In the Right Place at the Wrong Time: The Role of Firms and Luck in Young Workers' Careers
We exploit administrative data on young German workers and their employers to study the long-term effects of an early job loss. To account for non-random sorting of workers into firms with differentExpand
Career Prospects and Effort Incentives: Evidence from Professional Soccer
TLDR
The Euro Cup career prospect has positive effects on the performances of players with intermediate chances of being selected to their national team, but negative effects on those whose selection is very probable, which has implications for the incentive effects of within-firm promotions and of external career opportunities. Expand
The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy
This paper studies the labor market experiences of white-male college graduates as a function of economic conditions at time of college graduation. I use the National Longitudinal Survey of YouthExpand
Initial Labor Market Conditions and Long-Term Outcomes for Economists
Each year, graduate students entering the academic job market worry that they will suffer due to uncontrollable macroeconomic risk. Given the importance of general human capital and the relative easeExpand
The Economics of Promotion and Relegation in Sports Leagues
In most of the world’s professional sports leagues, the worst teams in better leagues are demoted while the best teams in weaker leagues are promoted. This article examines the economics of promotionExpand
The Short- and Long-Term Career Effects of Graduating in a Recession
This paper analyzes the magnitude and sources of long-term earnings declines associated with graduating from college during a recession. Using a large longitudinal university-employer-employeeExpand
The Production of Human Capital and the Life Cycle of Earnings
T HE application of capital theory to decisions on individual improvement, and in particular improvement of earning capacity, has provided a framework for the understanding of many aspects ofExpand
An Empirical Guide to Hiring Assistant Professors in Economics
TLDR
It is found that class rank is as important as departmental rank as predictors of future research productivity and even the top departments are not doing a very good job of training students to be successful research economists for any not in the top of their class. Expand
...
1
2
...