HILL, J. RICHARD; JOLLY, NICHOLAS A. - In: Contemporary Economic Policy 32 (2014) 2, pp. 533-543
type="main" xml:lang="en" <p>This paper provides a detailed analysis of negotiated salaries under Major League Baseball's final-offer arbitration process using data from the 2007–2010 seasons. There is a wage premium of 25% for hitters and 14% for pitchers filing for arbitration. Interestingly,...</p>