This article investigates the influence of performance, popularity, and bargaining power on ‘super-earnings’ using a unique panel dataset of Italian football players built on various sources of data. Using OLS, Panel, and Unconditional Quantile regression techniques, we find that detailed measures of these factors are all significantly associated with higher wages. Popularity dominates all the other factors at the right tail of earnings distribution, and the agent’s power contributes mostly to allocate players in richer teams. These new findings challenge the interpretations of super-earnings based only on very talented workers who ‘win and take all’.

(2018). What makes you ‘super-rich’? New evidence from an analysis of football players’ wages [journal article - articolo]. In OXFORD ECONOMIC PAPERS. Retrieved from https://hdl.handle.net/10446/236594

What makes you ‘super-rich’? New evidence from an analysis of football players’ wages

Carrieri, Vincenzo;Principe, Francesco;
2018-01-01

Abstract

This article investigates the influence of performance, popularity, and bargaining power on ‘super-earnings’ using a unique panel dataset of Italian football players built on various sources of data. Using OLS, Panel, and Unconditional Quantile regression techniques, we find that detailed measures of these factors are all significantly associated with higher wages. Popularity dominates all the other factors at the right tail of earnings distribution, and the agent’s power contributes mostly to allocate players in richer teams. These new findings challenge the interpretations of super-earnings based only on very talented workers who ‘win and take all’.
articolo
2018
Carrieri, Vincenzo; Principe, Francesco; Raitano, Michele
(2018). What makes you ‘super-rich’? New evidence from an analysis of football players’ wages [journal article - articolo]. In OXFORD ECONOMIC PAPERS. Retrieved from https://hdl.handle.net/10446/236594
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/236594
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