This paper examines the effects of salary caps on competitive balance in professional sports leagues in the United States. We find no evidence to suggest that salary caps improve competitive balance, as measured by the variation in wins between the best and worst teams in a league in a given...

This article provides suggestions for new Ph.D. economists relating to the search for an academic job. It provides general information regarding finding job postings, the timing of events, and preparing application materials. It differs from the existing guides by including additional...