The performance of football club managers: skill or luck?

@article{Bell2011ThePO,
  title={The performance of football club managers: skill or luck?},
  author={Adrian R. Bell and Chris Brooks and Thom Markham},
  journal={Economics \& Finance Research},
  year={2011},
  volume={1},
  pages={19 - 30}
}
This paper develops a performance management tool and considers its application to the football industry. Specifically, the resulting model evaluates the extent to which the performance of English Premier League football club managers can be attributed to skill or luck when measured separately from the characteristics of the team. We first use a specification that models managerial skill as a fixed effect and we then implement a bootstrapping approach to generate a simulated distribution of… 
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