Arbeitspapier
Reaching for Gold! The Impact of a Positive Reputation Shock on Career Choice
We analyze the causal influence a positive reputation shock for a particular occupation may have on career choice. The measure of the positive reputation shock is the unpredictable event that a young adult from one's own country wins a (gold) medal in a particular occupation at the World Skills—the world championship of vocational skills. In an occupation with a gold medal won, searches for apprenticeship vacancies increase significantly by around 7 percent compared to occupations that do not win a competition. In occupations where only a silver or bronze medal is awarded, the effect is also positive and statistically significant, but less pronounced. More importantly, the increase in searches for apprenticeship vacancies in the current year has also led to around 2.5 percent more contracts being signed in the winning occupation, and there are indications that these apprenticeships have a better match between employers and employees (trainees).
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 10791
- Classification
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Wirtschaft
Analysis of Education
Time Allocation and Labor Supply
Human Capital; Skills; Occupational Choice; Labor Productivity
- Subject
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role models
reputation shock
career choice
labor supply
apprenticeship
- Event
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Geistige Schöpfung
- (who)
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Goller, Daniel
Wolter, Stefan C.
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Goller, Daniel
- Wolter, Stefan C.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2023