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emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the … importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the … equipment may crucially depend on whether their yields primarily accrue to superstars or are allocated to help young artists. …
Persistent link: https://www.econbiz.de/10008629496
Based on the DADS, a very detailed French database on wages, we show that wage inequalities started to increase in France in the mid-1990s. This phenomenon is limited to the top end of income distribution and concerns mainly the top 0.1%, whose share of total salaries increased from 1.2% to 2%...
Persistent link: https://www.econbiz.de/10008924984
models accounting for these facts: a model of superstars (Rosen, 1981), a model of compensating wage differential (Lucas … these models. I conclude that the model of superstars fits better the data than the models of moral hazard and compensating …
Persistent link: https://www.econbiz.de/10008682871
This article investigates the influence of performance, popularity and power on "superearnings" 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...
Persistent link: https://www.econbiz.de/10011619908
Contest designers or managers who want to maximize the overall revenue of a contest (relative performance scheme) are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable...
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' performance and media presence to analyze whether performance and popularity can explain salaries and superstars in soccer …
Persistent link: https://www.econbiz.de/10010276081
Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over the 1997-2015 period. The dominance of a few firms, a...
Persistent link: https://www.econbiz.de/10011994602
We review the economics of superstars, originally developed for stars in traditional media, and discuss whether they … overall result is that the economics of superstars, like the role of talent, market concentration effects, MacDonald-style and …
Persistent link: https://www.econbiz.de/10011995125