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
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 10791

Classification
Wirtschaft
Analysis of Education
Time Allocation and Labor Supply
Human Capital; Skills; Occupational Choice; Labor Productivity
Subject
role models
reputation shock
career choice
labor supply
apprenticeship

Event
Geistige Schöpfung
(who)
Goller, Daniel
Wolter, Stefan C.
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2023

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Goller, Daniel
  • Wolter, Stefan C.
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2023

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