The purpose of this article is to describe the financial situation and the development of club finances of the German “Bundesligaâ€. Using data provided by the football association and data collected from a number of different sources we find that the majority of the teams are...

This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...

Wage disparities and their consequences have long been a topic of economic research. While most papers focus on describing the development of wage differentials over time and seek to identify the reasons for the observed patterns, few attempts have been made to analyze the influence of pay...

This article analyses how long head coaches survive in the clubs of the first German football league ('Bundesliga'), where the dismissal of a presumably weak coach is a generally adopted procedure in case of a poor sporting performance of the team. We use duration models for repeated events to...

Summary This study addresses the probability of young workers seeking for promotion after vocational training. By applying semi-parametric duration analysis with competing risks to a dataset of 17 youth rosters, each of them winner of either DFB-U19-Bundesliga or DFB-Youth-Cup between 1998/1999...

A large part of the theoretical tournament literature argues that rank-order tournaments only unfold their incentive effects if the contestants all have similar prospects of winning. In heterogeneous fields, the outcome of the tournament is relatively clear and the contestants reduce their...