Arbeitspapier
Awards are career catalysts for young talents in highly competitive job markets
Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career award, the so-called Fritz Walter Medal, significantly affects the awardee's career trajectory in a highly competitive environment, where performance differences are often hardly perceivable, we find that receiving an early career award seems, per se, to be a robust positive signal for a player's future career success. Intriguingly, though, both the award characteristics, that is, whether it is bestowed in gold, silver, or bronze, and also the exact age at which the awardee receives the bestowal only add limited explanatory power.
- Sprache
-
Englisch
- Erschienen in
-
Series: CREMA Working Paper ; No. 2021-09
- Klassifikation
-
Wirtschaft
Relation of Economics to Social Values
Personnel Economics: Compensation and Compensation Methods and Their Effects
Wages, Compensation, and Labor Costs: General
Sports Economics: General
- Thema
-
Awards
career effects
football/soccer
incentives
personnel economics
signaling theory
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bünning, Florian
Chan, Ben
Schmidt, Sascha Leonard
Schreyer, Dominik
Torgler, Benno
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Research in Economics, Management and the Arts (CREMA)
- (wo)
-
Zürich
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bünning, Florian
- Chan, Ben
- Schmidt, Sascha Leonard
- Schreyer, Dominik
- Torgler, Benno
- Center for Research in Economics, Management and the Arts (CREMA)
Entstanden
- 2021
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